The Indian Premier League (IPL) is one of the biggest cricket tournaments, attracting millions globally. It features 10 teams, each representing different cities in India. The Owner of RCB plays a crucial role in shaping the team’s identity.
Royal Challengers Bangalore (RCB), closely linked with Virat Kohli, is one of the most famous IPL teams. Despite facing criticism, partly due to past controversies and its former owner, Vijay Mallya, the Owner of RCB continues to lead the team forward.
RCB remains highly popular, with loyal fans supporting the team. The Owner of RCB is committed to guiding it to success. Let’s take a look at the current owner of RCB.
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Owner of RCB in 2024
RCB is one of the original teams in the IPL, based in Bangalore, Karnataka. The team was founded in 2008 and participated in the very first IPL season. Despite being a long-standing team, RCB has not yet won an IPL title, though it has reached the finals in 2009, 2011, and 2016. The team also made it to the playoffs in 2020, 2021, and 2022.
Ownership History of RCB
Initially, Vijay Mallya, the former chairman of Kingfisher Airlines and United Spirits, bought the team for $111.6 million, which was the second-highest bid at the time. However, in 2016, Mallya faced financial troubles due to defaulting on loans, which led him to lose ownership of RCB.
Today, RCB is owned solely by United Spirits, which is a major Indian alcoholic beverage company. United Spirits is a part of Diageo, a British multinational alcoholic drinks company and one of the world’s biggest liquor producers.
As of 2022, RCB is valued at approximately ₹1.025 billion, making it the sixth most valuable team in the IPL.
Who is United Spirits?
United Spirits Limited (USL), previously known as United Breweries, is an Indian company known for producing alcoholic beverages. It is the second-largest producer of spirits in the world. United Spirits is now a subsidiary of Diageo, which owns several popular alcoholic brands.
The current CEO and Managing Director of United Spirits is Hina Nagarajan.
Royal Challengers Bangalore in IPL 2024
RCB has been a strong competitor in the IPL, consistently delivering thrilling matches. The team has a history of exciting finishes and is expected to continue its good form in 2024.
For 2024, the team is under the leadership of Faf du Plessis, with Sanjay Bangar serving as the coach and Mike Hesson as the Director of Cricket Operations. RCB’s home ground is the M. Chinnaswamy Stadium in Bangalore, Karnataka.
Below is a look at the RCB squad for 2023, as they prepare for the 2024 IPL season.
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