CONFIRMED! Diageo Put Up RCB For Sale, Process To Sell IPL 2025 Champions Likely To Be Completed Next Year – Republic World

Updated 5 November 2025 at 22:22 IST
The owners of RCB, Diageo, have put up the IPL franchise for sale. In a disclosure to the Bombay Stock Exchange, the UK based company confirmed they are looking for investment in the team and are hoping to conclude the process by March 31.
The company stated, “the USL is initiating a strategic review of the investment in its wholly owned subsidiary, RCSPL. RCSPL’s business comprises ownership of the Royal Challengers Bengaluru (RCB) franchise team that participate in the men’s Indian Premier League (IPL) and Women’s Premier League (WPL) cricket tournaments hosted by the Board of Control for Cricket in India (BCCI) annually.
“It is expected the process will conclude by March 31, 2026.”
RCB currently participate in both IPL and WPL.
Asquoted by Cricbuzz, Praveen Someswar, Managing Director and CEO of USL, said, “RCSPL has been a valuable and strategic asset for USL. However, it is non-core to our alcobev business. This step reinforces USL’s and Diageo’s commitment to continue reviewing its India enterprise portfolio to enable sustained delivery of long-term value to all its stakeholders, while keeping RCSPL’s best interest in mind.”
(More To Follow)
Published By : Anirban Sarkar
Published On: 5 November 2025 at 22:12 IST

source