• Source:JND
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The Indian Premier League (IPL) franchise Royal Challengers Bengaluru (RCB) is officially up for sale, as confirmed by its owner Diageo, a UK-based liquor giant that owns both RCB’s IPL and Women's Premier League (WPL) teams.

According to Cricbuzz, Diageo has officially put the RCB up for sale and expects to finalise the deal by March 31, 2026.

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The report by Cricbuzz further stated that in a disclosure to the Bombay Stock Exchange (BSE) on November 5, the UK company called it a 'Strategic Review of the Investment Royal Challengers Sports Pvt Ltd (RCSPL).'

In its disclosure, the company said, "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.

The revelation went on to count an important topic, stating, "It is expected the process will conclude by March 31, 2026."

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Praveen Someswar, Managing Director and CEO of USL, commented as quoted by Cricbuzz, "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."

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