Big update on the sale of RCB came out, the bid reached 2 billion dollars, the biggest deal in IPL history can be finalized on this day!

A big update has come out regarding the sales of RCB. According to reports, the price of the franchise can go up to 2 billion dollars i.e. about 16 thousand crore rupees. According to the update, now only two big investors are left in this race. Actually, the sale of RCB, one of the most popular teams of IPL, has now reached the final stage. The interest of global investors regarding this deal is clearly visible.

In fact, the current owner company has set a deadline of March 31 for this deal, making the next few days very important. In such a situation, if this deal is finalized then it will be included in the biggest franchise deal in IPL history.

Direct collision between two giants

According to the information, the race to buy RCB has now become quite limited and two big groups are facing each other. In fact, on one side is Sweden’s private equity company EQT, which has made a bid of about $2 billion. On the other hand there is a strong consortium which includes big names like Ranjan Pai, KKR (Kohlberg Kravis Roberts) and Temasek. Actually, initially many international and Indian giants were involved in this race, but now the competition is only between these two.

In whose name will RCB be?

Actually, there is a stir in the market not only about RCB, but also about Rajasthan Royals. According to reports, many big investors have come forward to buy stake in this team. In this, names like Aditya Birla Group and American investor David Blitzer are in discussion. The value of Rajasthan Royals is estimated between 1.1 to 1.35 billion dollars. Now everyone’s eyes are fixed on March 31 when it will be clear who will be the new owner of RCB and in whose name this historic deal goes.