RCB IPL Team Owner: Who Owns Royal Challengers Bangalore in IPL?

RCB IPL Team Owner: The Royal Challengers Bangalore (RCB) is a popular Indian Premier League (IPL) team with a large fan following. It is one of the most expensive franchises in the IPL and is known for its star-studded line-up of players. But who owns RCB in IPL ? In this article, we will take a closer look at the ownership structure of the RCB IPL team and its owners.

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RCB Ownership Structure

The Royal Challengers Bangalore (RCB) team is owned by United Spirits Limited, which is a subsidiary of Diageo, the British multinational beverage alcohol company headquartered in London, United Kingdom. United Spirits acquired the RCB franchise in 2008 for $111.6 million, making it one of the most expensive franchises in the IPL at the time.

As the sole owner of the RCB team, United Spirits is responsible for all aspects of the team’s operations, including player acquisition and management, marketing, and sponsorship.

The team is managed by a dedicated team of professionals who report to United Spirits. The ownership structure of RCB has several advantages, including access to substantial financial resources, expertise, and experience.

RCB Owner in IPL

As of IPL 2023, United Spirits Limited is still the owner of the RCB team. With its parent company, Diageo, being one of the largest alcoholic beverage companies in the world, the team has access to substantial financial resources. This has allowed RCB to attract and retain top talent and remain competitive in the IPL.

The ownership structure of RCB provides stability, continuity, and a solid foundation for future success. With United Spirits as the owner, the team has the potential to continue its growth and success in the years to come.

RCB Team History

The RCB team has had a mixed history in the IPL. Despite having some of the biggest names in cricket in its line-up, including Virat Kohli and AB de Villiers, the team has not won the IPL title yet. However, RCB has made it to the final on three occasions and is known for its aggressive and entertaining style of cricket.

Despite not winning a championship yet, RCB has remained a popular and well-supported team in the IPL. With its loyal fan base and a star-studded line-up of players, the team continues to be a major draw for cricket fans around the world.

RCB Team Players

In IPL 2023, RCB has retained some of its key players, including Virat Kohli, Glenn Maxwell, and Mohammed Siraj. The team has also added some exciting new players to its squad, including Wanindu Hasaranga, Dinesh Karthik, and Jason Behrendorff.

With a balanced squad of both experienced and young players, RCB has the potential to perform well in IPL 2023. The team has a strong batting line-up, with Kohli and de Villiers leading the charge. However, its bowling attack has been a weakness in the past, and the team will need to address this to have a successful season.

RCB Team Brand Value

According to Forbes, the brand value of RCB in 2022 was estimated to be $1.025 billion. The franchise has a loyal fan base and is known for its exciting brand of cricket. RCB has also been successful in attracting top sponsors and partners, including Myntra, DP World, and Max Life Insurance.

In terms of revenue, RCB earned $36.4 million in IPL 2022, with an operating income of $9.7 million. Despite not winning the IPL title yet, RCB remains a profitable and successful franchise in the league.

Conclusion

In conclusion, the RCB IPL team is owned by United Spirits Limited, a subsidiary of Diageo. The ownership structure provides stability and access to substantial financial resources, which has allowed RCB to remain competitive in the IPL.