Close Menu
    Facebook X (Twitter) Instagram
    CricreadsCricreads
    Facebook X (Twitter) Instagram
    Contact Us
    • Home
    • IPL 2025
    • Cricket News
    • Cricket Stats
      • IPL Records
      • PSL Records
      • Test Records
      • Stadium Records
      • ODI Records
    • T20
    • Prediction
      • Dream11 Team
      • Match Prediction
    • Featured
    CricreadsCricreads
    Home»Cricket News»After Becoming IPL 2025 Champions, Diageo Reveals RCB Sale Plans

    After Becoming IPL 2025 Champions, Diageo Reveals RCB Sale Plans

    Virat VermaBy Virat VermaJune 11, 2025
    Twitter Telegram WhatsApp Facebook Pinterest
    Rcb after winning ipl trophy
    Share
    Facebook Twitter Pinterest Telegram WhatsApp

    Royal Challengers Bangalore (RCB) remained in the spotlight throughout the IPL 2025 season. The team delivered an impressive performance and, for the first time in 18 years, lifted the trophy—earning praise from all corners. However, after their historic win, RCB has found itself in the midst of controversy. The stampede incident in Bengaluru on June 4 has reportedly affected the franchise’s brand value. Amid this, rumours surfaced suggesting that RCB’s ownership could be up for sale. But the franchise owners have now firmly denied any such plans.

    RCB is owned by the Indian arm of the UK-based Diageo PLC. Diageo India has clearly rejected the reports about selling the franchise. On Tuesday (June 10), a Diageo India official sent a letter to the Bombay Stock Exchange (BSE) and its surveillance department, calling the media reports about a possible sale “mere speculation.” This confirms that the current owners have no intention of selling the RCB team.

    Also Read- BCCI Mandates Ranji Trophy Participation over Indian Premier League Preparation- Reports

    According to Cricbuzz, Mittal Sanghvi, Company Secretary at Diageo India, informed the Indian stock market regulator: “The company would like to clarify that the above media reports are speculative in nature, and we are not engaged in any such discussions. This is for your information and records.” Following the media reports about RCB’s potential sale, fluctuations were seen in the stock market. As a result, BSE had reached out to RCB’s owners via email, prompting this official response from Diageo India.

    For your information, Bloomberg had published a report on Tuesday claiming that Diageo was exploring options to sell the RCB franchise. The report came in the backdrop of RCB’s first-ever IPL title win (on June 3), and the tragic incident in Bengaluru a day later (June 4), where 11 people lost their lives and many were injured during the celebration.

    IPL 2025 RCB
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleCricket: A Game of Strategy, Skill, and Passion
    Next Article England Batters Rain Fire on West Indies Bowlers, Score 248 Runs in T20I Match

    Related Posts

    Why is the Dukes Ball Controversy Rising in the India-England Series? Made in Meerut, Owned by Indian Dilip Jajodia – He Breaks His Silence

    July 12, 2025

    Will BCCI Appoint Shubman Gill as ODI Captain after India vs England Test Series?

    July 11, 2025

    Ben Stokes Blames Edgbaston Pitch for Loss against India in 2nd Test

    July 8, 2025

    Shoaib Bashir’s Parents and Family – Everything You Need to Know

    July 15, 2025

    Emerging Cricket Stars and the Legacy of India’s Greats: Opportunities Ahead

    July 14, 2025

    Why is the Dukes Ball Controversy Rising in the India-England Series? Made in Meerut, Owned by Indian Dilip Jajodia – He Breaks His Silence

    July 12, 2025

    Will BCCI Appoint Shubman Gill as ODI Captain after India vs England Test Series?

    July 11, 2025
    About
    About

    Cricreads is your go-to source for the latest cricket news, player stats, and match updates. From IPL 2025 to cricketers families and relationships, we cover it all.

    Facebook X (Twitter) Instagram Telegram
    Must Read
    • Shoaib Bashir’s Parents and Family – Everything You Need to Know
    • Emerging Cricket Stars and the Legacy of India’s Greats: Opportunities Ahead
    • Why is the Dukes Ball Controversy Rising in the India-England Series? Made in Meerut, Owned by Indian Dilip Jajodia – He Breaks His Silence
    • Will BCCI Appoint Shubman Gill as ODI Captain after India vs England Test Series?
    • Ben Stokes Blames Edgbaston Pitch for Loss against India in 2nd Test
    • Yashasvi Jaiswal Creates History in Test Cricket, Surpasses Sachin and Virat
    Important Links
    • Advertise With Us
    • Contact Us
    • Disclaimer
    • Home
    • Our Story
    • Privacy Policy
    © 2025 Cricreads

    Type above and press Enter to search. Press Esc to cancel.