Royal Challengers Bangalore (RCB), which finally became the
winner of the
indian Premier League (IPL), immediately faced a bitter experience. Less than 24 hours after winning the title, the
victory celebration in their
home city Bengaluru led to tragedy. It is known that 11
people lost their lives in a stampede at the famous Chinnaswamy Stadium in Bengaluru last Wednesday. There was a big commotion over this incident, in which up to 50
people were injured. At a time when it is thought to be cooling down, there are recent reports and speculations that RCB is up for sale. The giant RCB may not have been a
champion yet, but this team has a fan base all over the world. RCB is a team that has won the IPL title five times, no less than
mumbai Indians and
chennai Super Kings.
Putting up an RCB franchise like this for sale is a big sensation. A star batsman like
virat kohli will play for RCB for another two or three years. So it should be assumed that RCB will have a craze for at least three years. The management has decided to sell the entire franchise or a part of it. Accordingly, the value of the franchise has been set at Rs. 16 thousand crores. RCB is currently in the hands of
british distiller, United Spirits Limited's parent company Diageo PLC. It is known that RCB once belonged to fugitive
businessman Vijay Mallya. Mallya is said to have entered
cricket with the intention of taking his
royal challengers brand further to the masses. And such a Mallya fled abroad for various reasons, evading Rs.9 thousand crores to banks. He is now demanding that he be allowed to return
home, saying that he has paid off those debts. The RCB franchise has been transferred from Mallya to Diageo PLC. Who will buy it for Rs.16 thousand crores now? Is the
news of the sale of RCB true? Is it all being sold? Is it a part of it? A clear statement is needed to confirm all this.