The buzz around the Indian Premier League has taken an interesting turn with reports linking a major business move involving the Royal Challengers Bengaluru.
Initially, there were several bidders interested in the franchise, but the RCB buyers’ list has been narrowed to two. The bidding war is between the Global Consortium (Manipal, KKR and Tesamark) and EQT group (a Swedish firm).
The EQT group has emerged as a key contender in the race to acquire a stake in Royal Challengers Bengaluru ahead of IPL 2026.
If successful, this move could change the RCB ownership and bring a new direction to the franchise.
With the RCB owners, Diageo has fixed the deadline for the RCB sale for March 31; the fans might have to wait a little more to find out the new owners of the Royal Challengers Bengaluru.
EQT Group
EQT Group is a leading global investment firm based in Sweden, known for managing billions of dollars in assets across private equity, infrastructure, and real estate. Founded in 1994, the firm has built a strong presence worldwide, investing in companies across sectors like technology, healthcare, and energy.
With a focus on long-term growth and strategic management, EQT partners with businesses to expand their operations and improve performance. In recent years, the firm has also shown interest in sports investments, reflecting a broader trend of global investors entering the sports industry.
Its reported bid for Royal Challengers Bengaluru highlights the increasing value of IPL franchises and the league’s growing appeal among international financial giants.
Popularity of RCB in the Indian Premier League
The RCB owners, Diaego has decided to sell RCB ahead of the IPL 2025 season and have invited bids for the sale.
The move comes as the franchise continues to attract strong investor interest following its success in recent seasons, including winning the IPL 2025 title.
With the team now a champion side, its brand value and market appeal have increased significantly, making it even more attractive for potential investors.
A potential change in ownership could bring fresh investment, stronger strategies, and further boost the team’s performance and market presence heading into IPL 2026.
Swedish private equity firm EQT has submitted a binding bid valuing the Royal Challengers Bengaluru (RCB) franchise at approximately $2 billion to $2.1 billion. (over Rs 18,500 crore).
This potential RCB bid has attracted attention due to its impact on RCB ownership and the future direction of the team. The interest from the EQT group shows how attractive IPL team investment has become for major business groups.
With the Global Consortium group (Manipal, KKR & Temasek) having submitted a significant bid rivalling EQT (A swedish private equity firm), the bidding war has reached an interesting phase, and the RCB franchise is soon to find its new owner.
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