The sale of IPL franchisee RCB has been confirmed as Diageo has initiated a strategic review to sell its stake in the Royal Challengers Bengaluru franchise, aiming for completion by March 31, 2026. The liquor giant considers the IPL and WPL teams non-core assets to its alcobev business. News Sports Cricket RCB put on sale months after stampede during IPL 2025 victory parade RCB put on sale months after stampede during IPL 2025 victory parade While there have been talks about the franchise’s ownership, the confirmation came on Wednesday evening with Diageo revealing that they initiated the process to sell the IPL as well as the Women’s Premier League (WPL) team, which is three years old and has a title to its name. RCB victory parade stampede latest updates: A tragic stampede near Bengaluru’s Chinnaswamy Stadium claimed at least 11 lives and left 33 injured on Wednesday, as massive crowds gathered to celebrate Royal Challengers Bengaluru's ( RCB ) historic IPL 2025 win. The chaos erupted ahead of a public felicitation ceremony for the team, attended by Chief Minister Siddaramaiah. Authorities estimate that 2-3 lakh fans thronged the venue—far exceeding expectations. Prime Minister Narendra Modi ... Diageo is selling Royal Challengers Bengaluru, sparking interest from billionaires Nikhil Kamath and Ranjan Pai, who may form a consortium to bid.
