Aditya Birla Group confirms NO NAME CHANGE plans after RCB takeover ...Middle East

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This deal made Royal Challengers Bengaluru the most expensive IPL team ever. Apart from the Aditya Birla Group, big global investors like Blackstone’s BXPE, Bolt Ventures, and the Times of India Group invested massively. Soon after the takeover, one big question exploded among fans: Will RCB get a new name?

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Meanwhile, this historic deal also includes the women’s side in the Women’s Premier League. With this takeover, the consortium now holds the complete rights to run one of the most followed cricket teams in the world in both men’s and women’s.

The USL statement added: “The consortium comprises Aditya Birla Group (ABG), The Times of India Group (Times), Bolt Ventures (Bolt), and Blackstone's perpetual private equity strategy, BXPE (Blackstone), for a total consideration of INR 166.6 bn in an all-cash transaction.

RCSPL owns and operates the Royal Challengers Bengaluru (RCB) franchises that participate in the Indian Premier League (IPL) and Women's Premier League (WPL). Upon completion of this transaction, the consortium will, through its ownership of RCSPL, acquire the rights to own and operate the IPL and WPL franchise.”

Vijay Mallya celebrates RCB’s record-breaking rise

Mallya revealed that when he bought the team for just ₹450 crore in 2008, many people mocked him and said he was wasting money on a “show-off project.”

I would like to heartily congratulate the new owners of RCB. I wish them the very best and Godspeed with the most valuable IPL franchise. When I bought the franchise in 2008 for INR 450 crores, most people laughed at me and criticised my investment as a vanity project. Behind my…

— Vijay Mallya (@TheVijayMallya) March 26, 2026

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