Confirmation followed the rumours with Royal Challengers Bengaluru (RCB) winning the IPL 2025 in thrilling fashion news that flooded both social media and cricket circles the possible sale of the team. Nonetheless, Diageo India, owner of RCB, has stepped up to reject these allegations and has termed the report to be speculative and unjustified. 12BET Exchange markets are in a tizzy over the shocking rumors.
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Diageo’s Official Statement on RCB Ownership
Diageo India, the owners of RCB, owner, in a statement issued to the Bombay Stock Exchange (BSE) on June 10, made it clear that there is no truth to a purported imminent sale. Mital Sanghvi who is the company secretary wrote:
“The company would like to clarify that the aforesaid media reports are speculative in nature and it is not pursuing any such discussion.”
This was followed by an announcement by Bloomberg which said Diageo could sell the IPL 2025 winners. The RCB owner was left with no choice other than to react after several speculations and an escalation in share value of the holding company United Spirits.
The Timing Behind the Speculation
When RCB finally broke the 17-year drought and won their first IPL trophy on June 3rd with the best 12BET Exchange odds, the victory was sweet and sour. The festivities became disastrous on June 4, when 11 were reported dead and several others sustained injuries in fan meet activity in Bengaluru. Such sad news, accompanied by the new popularity of the franchise, sparked rumors of the sale.
The Bloomberg report even observed that the owner of RCB might be under pressure due to reputational risks being a publicly listed name. As Diageo ruled out sale talks, the possibility does not seem to be out of the map as viewed by industry insiders.
RCB’s Valuation: Is $2 Billion Justified?
Reports have suggested that the owner of RCB could be reckoning the team at an approximate of USD 2 billion. Although the critics say that it is way more than what Torrent paid Gujarat Titans (approximately USD 1 billion), there are other standpoints.
IPL founder Lalit Modi backed the valuation, stating:
“I will not be surprised if it is sold for a higher price.”
He pointed out that it is wrong to make the comparison of the sale of the Gujarat Titans and the projected valuation of RCB, given its legacy of fans and business presence.
Mixed Signals from the Owner of RCB
Despite Diageo’s denial, their statement left room for interpretation. The Bloomberg report even quoted unnamed sources saying:
“No decision is final and they may decide against selling the team.”
This leaves the door open for future negotiations, depending on internal evaluations and market dynamics.
12BET Exchange and Cricket Exchange Buzz
Selling a team as iconic as RCB has become a debatable arena on platforms such as 12BET Exchange and other cricket exchange websites. Gamblers and fans have a sharp eye on the owner of the RCB and the market moves that might signal a change of ownership. To the players who are following 12BET, such news would have an effect on the betting requirements and team planning down the road.
Final Thoughts
As of present, Diageo is still the owner of RCB in pride and as yet, there is no concrete idea to sell the team. With an increase in the valuation of IPL franchises, teams such as that of RCB can receive huge bids-until officially announced that is, everything is just rumor-mongering.
To the cricket fans who wish to keep up with all the updates, 12BET app and 12BET mobile login are the best mediums to keep updated with latest happenings and can share information. Whether it is team news or betting, 12BET leaves you in the game.
