{"id":22372,"date":"2025-06-10T08:39:25","date_gmt":"2025-06-10T03:09:25","guid":{"rendered":"https:\/\/www.businessupturn.com\/sports\/?p=604842"},"modified":"2025-06-10T08:39:25","modified_gmt":"2025-06-10T03:09:25","slug":"united-spirits-to-likely-sell-stake-in-rcb-at-rs-17000-crore-valuation-report","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/sports\/cricket\/ipl\/united-spirits-to-likely-sell-stake-in-rcb-at-rs-17000-crore-valuation-report\/","title":{"rendered":"United Spirits to likely sell stake in RCB at Rs 17,000 crore valuation: Report"},"content":{"rendered":"<p data-start=\"130\" data-end=\"528\">United Spirits Limited is reportedly considering selling a part of its stake in the Indian Premier League (IPL) franchise Royal Challengers Bengaluru (RCB), aiming for a potential valuation of around Rs 17,000 crore, according to a Bloomberg report. While no final decision has been made, the company may also decide against the sale. United Spirits has not officially commented on the development.<\/p>\n<h3 data-start=\"530\" data-end=\"571\">Ownership structure of RCB explained:<\/h3>\n<ol data-start=\"573\" data-end=\"1638\">\n<li data-start=\"573\" data-end=\"821\">\n<p data-start=\"576\" data-end=\"821\"><strong data-start=\"576\" data-end=\"597\">Current Ownership<\/strong>: RCB is owned by United Spirits Limited (USL), a leading Indian alcoholic beverages firm, which is a subsidiary of global spirits giant Diageo. While USL handles day-to-day operations, the ultimate control lies with Diageo.<\/p>\n<\/li>\n<li data-start=\"823\" data-end=\"1079\">\n<p data-start=\"826\" data-end=\"1079\"><strong data-start=\"826\" data-end=\"847\">Original Purchase<\/strong>: The team was originally bought by Vijay Mallya in 2008 for Rs 476 crore, making it the second-most expensive franchise at the time. Mallya, then chairman of USL, branded the team around Royal Challenge whiskey and Kingfisher beer.<\/p>\n<\/li>\n<li data-start=\"1081\" data-end=\"1262\">\n<p data-start=\"1084\" data-end=\"1262\"><strong data-start=\"1084\" data-end=\"1109\">Transition of Control<\/strong>: After Mallya exited USL in 2016 following legal troubles, control of the RCB franchise was fully taken over by United Spirits under Diageo\u2019s direction.<\/p>\n<\/li>\n<li data-start=\"1264\" data-end=\"1474\">\n<p data-start=\"1267\" data-end=\"1474\"><strong data-start=\"1267\" data-end=\"1291\">Corporate Leadership<\/strong>: Prathmesh Mishra currently serves as chairman of Royal Challengers Sports Pvt. Ltd., which operates the team. He also holds the position of chief commercial officer at Diageo India.<\/p>\n<\/li>\n<li data-start=\"1476\" data-end=\"1638\">\n<p data-start=\"1479\" data-end=\"1638\"><strong data-start=\"1479\" data-end=\"1503\">Women\u2019s Team Success<\/strong>: United Spirits also owns the Royal Challengers Bangalore Women\u2019s team, which recently secured the Women\u2019s Premier League (WPL) title.<\/p>\n<\/li>\n<\/ol>\n<p data-start=\"1640\" data-end=\"1803\" data-is-last-node=\"\" data-is-only-node=\"\">A potential stake sale could unlock significant value, especially given RCB\u2019s large fan base and commercial traction across both men\u2019s and women\u2019s cricket formats.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>United Spirits Limited is reportedly considering selling a part of its stake in the Indian Premier League (IPL) franchise Royal\u2026<\/p>\n","protected":false},"author":250,"featured_media":42601,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[3804,134],"class_list":["post-22372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipl","tag-rcb","tag-united-spirits"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/posts\/22372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/users\/250"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/comments?post=22372"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/posts\/22372\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/media\/42601"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/media?parent=22372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/categories?post=22372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/tags?post=22372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}