New Delhi, March 25: The Royal Challengers Bangalore (RCB), champions of IPL 2025, has undergone a significant ownership change. The team is now owned by a consortium led by the Aditya Birla Group, replacing United Spirits Limited (USL). This consortium includes The Times of India Group, Bolt Ventures, and Blackstone’s Perpetual Private Equity Strategy. Reports indicate that the new chairman of RCB has played alongside the team’s captain, Rajat Patidar.
According to sources, Aryaman Birla will be the new chairman of RCB. Aryaman is the son of Kumar Mangalam Birla, chairman of the Aditya Birla Group. He is a former cricketer who played for Madhya Pradesh in domestic cricket. Notably, Rajat Patidar also represents Madhya Pradesh, and the two have opened innings together for the state team. Aryaman has played in both first-class and List A formats, scoring 414 runs in nine first-class matches, including one century.
In 2018, Aryaman was signed by the Rajasthan Royals during the IPL auction. However, he stepped away from professional cricket in 2019, citing mental health challenges. Now at 28, he is focusing on family business and entrepreneurship.
The consortium acquired RCB from USL for USD 1.78 billion (approximately INR 16,706 crores). Following the deal, USL issued a statement confirming that it had entered into a definitive agreement to sell its 100% equity stake in its subsidiary, Royal Challengers Sports Private Limited (RCSPL), to the consortium.
USL stated, “This consortium includes the Aditya Birla Group, The Times of India Group, Bolt Ventures, and Blackstone’s Perpetual Private Equity Strategy. This is a completely cash transaction, encompassing both the men’s and women’s teams of RCB.”
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My name is Bhupendra Singh Chundawat. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
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