Consortium led by ABG and The Times of India Group acquires RCB for $1.8 billion
A consortium led by Aditya Birla Group and The Times of India Group has acquired Royal Challengers Bangalore for $1.8 billion, significantly boosting T20 franchise valuations. This follows Rajasthan Royals’ $1.6 billion valuation, marking global sports franchise owners’ entry into Indian cricket. The surge reflects unmatched fan engagement and the IPL’s growing global appeal.
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