Investors Compete to Acquire Stakes in Royal Challengers Bengaluru and Rajasthan Royals IPL Teams

Billionaire David Blitzer and Manchester United co-chairman Avram Glazer are among several investors competing to acquire stakes in Indian Premier League teams Royal Challengers Bengaluru (RCB) and Rajasthan Royals. RCB, valued at around $1.8 billion, is undergoing a sale process led by Diageo, which has set a mid-March deadline for binding bids. Multiple parties, including Indian tycoons and global investors like KKR and Blackstone, are conducting due diligence ahead of final submissions.