Who is the owner of RCB?

Who is the owner of RCB is a question that many cricket fans and analysts are curious about. Royal Challengers Bangalore, also known as RCB, is one of the most popular and successful franchises in the Indian Premier League (IPL), a Twenty20 cricket tournament that features eight teams representing different cities in India. RCB is based in Bengaluru, Karnataka, and plays its home matches at the M. Chinnaswamy Stadium. The team has reached the IPL final three times but has never won the trophy.

But who is the owner of RCB team that boasts of players like Virat Kohli, Faf Du Plessis Glenn Maxwell and Kyle Jamieson? The answer is United Spirits Limited (USL), a subsidiary of Diageo, the British multinational beverage alcohol company headquartered in London, United Kingdom.

Ownership and History

USL is the largest Indian alcoholic beverage company and the second-largest in the world in terms of volume. It produces and sells a range of brands such as McDowell’s No.1, Royal Challenge, Signature, Antiquity, Black Dog, Smirnoff, and Johnnie Walker. USL acquired the RCB franchise in 2008 for $111.6 million, making it one of the most expensive franchises in the IPL at the time .

The team was named after USL’s brand Royal Challenge, which is a premium whisky brand in India. The team’s logo features a lion and the motto “Play Bold”. The team’s jersey color is red and black, with gold accents.

Management and Staff

The current chairman of USL is Mahendra Kumar Sharma and the managing director and chief executive officer is Anand Kripalu. They are also the key decision-makers for RCB along with the team management and coaching staff. The team’s captain for IPL 2023 is Faf du Plessis, who replaced Virat Kohli after he stepped down from captaincy in 2022. The team’s coach is Sanjay Bangar, who was appointed in 2021.

Fan Engagement and Social Responsibility

RCB has a huge fan following across India and abroad, thanks to its charismatic players and exciting brand of cricket. The team also engages with its fans through various initiatives such as RCB Insider, Bold Diaries, Bold Brigade and Go Green Initiative. The team also supports various social causes such as education, health care, environment and women empowerment through its RCB Cares program.

Brand Value and Revenue

RCB is one of the most valuable franchises in the IPL, with a brand value of ₹595 crore (US$75 million) in 2019. The team also earns revenue from various sources such as sponsorship deals, merchandise sales, ticket sales, and broadcasting rights.

Conclusion

RCB is aiming to win its maiden IPL title in 2023 after coming close on several occasions. The team has a balanced squad with a mix of experienced and young players who can perform well in different conditions. The team also has a loyal and passionate fan base that supports them through thick and thin.

RCB is more than just a cricket team; it is a brand that represents excellence, passion, and boldness.

I hope you are now aware of the question Who is the owner of RCB.

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