The deal includes full ownership of both the IPL and Women’s Premier League (WPL) teams. According to United Spirits Limited (USL), its Board of Directors has approved definitive agreements to sell its 100% equity stake in Royal Challengers Sports Private Limited (RCSPL) to the consortium in an all-cash transaction. RCSPL owns and operates the RCB franchises in both IPL and WPL.
Upon completion of the deal, the consortium will gain full rights to own and operate the franchises. The transaction follows a strategic review initiated by USL in November 2025 and is subject to regulatory approvals, including from the BCCI and the Competition Commission of India. USL Managing Director and CEO Praveen Someshwar described the deal as a significant milestone, stating it allows the company to focus on its core beverage business while continuing to deliver long-term value. He highlighted RCB’s growth into one of the most prominent and commercially successful franchises with a global fan base.
