Archive · 8 Dec 2025
RCB's $2 Billion Valuation Sparks IPL Sale Speculation
RCB, the cricket team owned by Diageo India, might be sold for around $2 billion.
This is a lot more than what similar teams are usually worth.
Diageo India, which makes alcohol like Johnnie Walker, isn't making much money from RCB and wants to focus on its main business.
Some big companies like Adani Group and Serum Institute might be interested in buying RCB.
The team has been doing well in cricket but faces challenges like the aging of its star player, Virat Kohli.
The sale could set a new high value for IPL teams.
Diageo India is reviewing the sale of RCB, seeking a valuation of around $2 billion.
Potential buyers include Adani Group, Manipal Group, Serum Institute, and Zerodha.
RCB's 2024-25 revenue is approximately $75 million, making the sought valuation 35 times its revenue.
Diageo India aims to focus on its core alcohol business, as RCB contributes less than 2% of its revenue.
RCB's value is influenced by its popularity, limited IPL team availability, and recent cricketing successes.
- Who
- United Spirits Ltd (Diageo India) and potential buyers like Adani Group, Manipal Group, Serum Institute, and Zerodha
- What
- Strategic review of RCB's valuation and potential sale
- When
- Review initiated on 5 November 2025, expected to complete by 31 March 2026
- Where
- India, with RCB based in Bengaluru
- Why
- Diageo India seeks to focus on core business and optimize asset portfolio
- RCB's Contribution to Diageo India
- Less than 2% of revenue
- Potential Buyers
- Adani Group, Manipal Group, Serum Institute, Zerodha
- RCB's Valuation Multiple
- 35 times revenue (at $2 billion)
