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Delhi Capitals co-owner Parth Jindal joins race to buy RCB ahead of IPL 2026: Report



Royal Challengers Bengaluru [Source: AFP]Royal Challengers Bengaluru [Source: AFP]

Royal Challengers Bengaluru (RCB), one of the most popular teams in the Indian Premier League (IPL), might soon get a new owner. This news comes just weeks after the team won its first IPL title in 18 years. Now, reports suggest that six big-name buyers are interested in taking over the team, although nothing is confirmed yet.

Currently, RCB is owned by Diageo, a British liquor company. However, its Indian branch reportedly isn’t keen on selling. This has created uncertainty, as Diageo’s top management could change its mind at the last minute.

Six investors eye IPL Franchise RCB

Despite this, Cricbuzz reported that talks are underway with several Indian and international investors. Among them are Adar Poonawala of the Serum Institute, Parth Jindal of the JSW Group, the Adani Group, and a prominent Delhi-based businessman. Two US private equity firms are also reportedly considering a bid.

If Parth Jindal’s group, which already owns 50% of Delhi Capitals, decides to buy RCB, it would have to give up its stake in Delhi. Notably, the Adani Group has long been interested in the IPL and had previously tried to buy the Ahmedabad franchise.

Valuation is expected to play a major role in any deal. Diageo is reportedly asking for around $2 billion (₹175,981,508) for the team. The price is influenced by media rights and revenue projections, which include subscription and advertising earnings. 

However, there are other challenges. The aftermath of a tragic stampede at Bengaluru’s M. Chinnaswamy Stadium in June is unresolved, and any new owner would inherit these legal and logistical issues.

Notably, this news comes after the tragic incident that took place during the RCB's victory Parade in June, which took the lives of 11 people.

The IPL 2025 champions, RCB has a storied history. It was originally owned by Vijay Mallya, the former liquor tycoon, before Diageo took control after Mallya’s business empire collapsed. Now, as the team rides the high of its first IPL championship, its next chapter could see a new set of owners taking over, depending on whether Diageo decides to sell and if buyers can meet the valuation demands.