The current owner made a major statement amid reports on selling RCB, fans have sighed with relief, say it for record
Cricket News Desk. A few days after the Royal Challengers Bangalore (RCB) won their first Indian Premier League (IPL) title, rumors rumored that the team was about to be sold. On Tuesday, however, the Bombay Stock Exchange (BSE) and the BSE monitoring division told the owners of the UK -based Diazio PLC Indian branch Diazio India that these rumors were completely false. Earlier, several reports said that British beverage manufacturer Diazio deals with advisors to sell the team completely or partially. Diazio owns the team through its Indian subsidiary United Spirits Limited and can claim a price of up to $ 2 billion. However, in a letter to BSE, corporate secretary Mittal Sanghvi told the Indian stock market regulator that these rumors were over. He said: ‘The company wants to make it clear that the news in the media is only based on speculation and that the company is not involved in such a conversation. This is for your information and record. ‘These rumors came up at a time when the Government of India tried to ban advertising of liquor and tobacco products in the IPL. Despite the ban on advertising of such products in India, Diazio used famous cricketers to promote its other products such as soft drinks. RCB defeated Punjab in the final IPL 2025 final, played between Royal Challengers Bangalore and Punjab Kings at Narendra Modi Stadium in Ahmedabad. RCB won the title match by 6 runs. Let us tell you that it was the first IPL trophy of Bangalore. He had to wait for 17 years to win the Indian Premier League. Share this story -tags