Consortium led by ABG and The Times of India Group acquires RCB for $1.8 billion

Royal Challengers Bangalore has been acquired for a staggering $1.8 billion by a consortium including Aditya Birla Group and The Times of India Group. This deal, alongside Rajasthan Royals' $1.6 billion valuation, highlights the booming T20 cricket franchise market. Global investors are increasingly drawn to the IPL's immense fan engagement and growing media rights value.