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RCB Changes Hands: USL Sells Franchise for Record-Breaking ₹16,660 Crore
Aditya Birla Group-Led Consortium Acquires Reigning Champions in IPL’s Most Expensive Deal to Date
In a historic move for the Indian Premier League, United Spirits Limited (USL), a subsidiary of global spirits giant Diageo, has officially sold its 100% stake in Royal Challengers Sports Pvt Ltd (RCSPL). The deal, valued at a staggering ₹16,660 crore (approx. $1.78 billion), marks the highest valuation ever for an IPL franchise, occurring just days before RCB begins its 2026 title defense.
The acquisition includes both the Men’s IPL team and the Women’s Premier League (WPL) team, signaling a total "changing of the guard" for one of the world's most valuable sports properties.
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