The Chris Plante Show 9:00pm - Midnight

Listen Live

Search

Cricket Champions Sold in $1.8 Billion Deal to International Investors

Tuesday, March 24, 2026 at 7:37 PM

The reigning Indian Premier League cricket champions, Royal Challengers Bengaluru, will be sold to a group of Indian and American investors for approximately $1.8 billion. The purchase includes both the men's and women's teams and requires regulatory approval.

BENGALURU, India — A massive $1.78 billion sale has been finalized for the defending Indian Premier League cricket champions, with Royal Challengers Bengaluru set to change hands to an international group of investors.

The purchasing group includes major players from both India and the United States: the Aditya Birla Group, The Times of India Group, sports investment company Bolt Ventures led by David Blitzer, and American investment giant Blackstone.

This consortium will acquire both the men’s cricket team and the franchise’s Women’s Premier League squad from current owner United Spirits Limited.

Tuesday’s announcement comes just four days ahead of RCB’s first match as they attempt to repeat as IPL champions.

The transaction still requires final authorization from the Board of Control for Cricket in India along with other governing bodies.

As one of the IPL’s founding eight franchises, Royal Challengers Bengaluru features Indian cricket superstar Virat Kohli on its current roster.

Share

More from TV Delmarva Channel 33 News

  • Route 1 Lane Closures Between NE Front Street and Beaver Dam Road

    Drivers on Route 1 should expect intermittent lane restrictions in the construction zone stretching from Northeast Front Street to Beaver Dam Road. The temporary closures will remain in effect through 5 AM as work continues in the area.

  • Controller Handled Multiple Duties During LaGuardia Airport Collision

    Federal investigators are raising concerns about air traffic controllers working overnight shifts while managing additional responsibilities at busy airports like LaGuardia. The comments come as officials continue investigating a collision between an Air Canada Express plane and a fire truck at the New York airport.

  • Florida Democrat Captures GOP Stronghold Near Trump’s Mar-a-Lago Resort

    Emily Gregory, a Democratic candidate, secured victory in a Florida state House special election Tuesday, taking control of a traditionally Republican district that includes President Trump's Mar-a-Lago property. The upset comes despite Trump's endorsement of Gregory's Republican opponent Jon Maples.

  • 1,000+ Troops from 82nd Airborne Heading to Middle East Amid Iran Tensions

    The U.S. military plans to send more than 1,000 soldiers from the 82nd Airborne Division to the Middle East within days, according to sources familiar with the deployment. This comes as President Trump claims negotiations with Iran are underway, though Iranian officials deny direct talks are happening.