Vijay Mallya’s reaction on the sale of RCB, said- The investment which I made fun of has increased to Rs 16500 crore today.

By Sandy Verma On Mar 26, 2026

Vijay Mallya’s Reaction to the Sale of RCB : IPL defending champion Royal Challengers Bangalore (RCB) has recently been bought by Aditya Birla Group (ABG), The Times of India Group (ToI), Bolt Ventures (Bolt), and Blackstone’s Perpetual Private Equity Strategy (BXPE, Blackstone). The value of this deal is 1.78 billion USD, which is said to be equivalent to approximately Rs 16,706 crore. After which the reaction of old RCB owner Vijay Mallya has come to light. He said that his investment in RCB which was ridiculed has today increased to Rs 16500 crore.

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Fugitive Vijay Mallya has given himself the credit for RCB’s success in the ex-post. He wrote, “I would like to congratulate the new owners of RCB wholeheartedly. I wish them all the best for this most precious IPL franchise and pray to God for their success. When I bought this franchise for Rs 450 crore in 2008, most of the people made fun of me and called my investment a mere show. The motive behind this so-called madness of mine was to build the Royal Challenge brand, and That’s why I named this franchise RCB. I am very happy to see that my investment of Rs 450 crore has increased to Rs 16,500 crore.”

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 criticized my investment as a vanity project. Behind me…
— Vijay Mallya (@TheVijayMallya) March 26, 2026

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Bankrupt liquor businessman Mallya further wrote, “RCB will always be a part of my DNA; my memories of it will never fade away – especially the memory of the inclusion of young Virat Kohli in the team, who is one of the best players in the world today. I thank all the RCB fans from the bottom of my heart who have been associated with the team during my tenure and beyond; please all of you keep supporting RCB – the ‘Lions of Bengaluru’ – in the same way. Hello.”

Let us tell you that the consortium of Aditya Birla Group (ABG), The Times of India Group (ToI), Bolt Ventures (Bolt), and Blackstone’s Perpetual Private Equity Strategy (BXPE, Blackstone) has entered into a definitive agreement with United Spirits Limited (USL), a subsidiary of UK company Diageo plc, to buy 100 percent stake in RCB. This deal includes both men’s and women’s teams of RCB in IPL and WPL.