Overview
- Swedish private equity firm EQT Group is reportedly preparing a binding offer that would value Royal Challengers Bengaluru at roughly $2.0–$2.1 billion.
- Avram Glazer’s Lancer/Lacer Capital earlier submitted a non-binding bid near $1.8 billion, with investors linked to Adar Poonawalla and Ranjan Pai also advancing in the process.
- United Spirits launched the strategic review in November 2025 and describes RCB’s holding company as valuable yet non-core to its primary beverages business.
- Royal Challengers Sports Private Limited controls both the men’s IPL team and the women’s WPL side, making the stake a comprehensive franchise platform.
- Rising private equity interest and RCB’s strengthened brand after the 2025 title win frame expectations for premium valuations as the team enters IPL 2026 as defending champions.