Royal Challengers Bangalore Owner
RCB Owner Name, Royal Challengers Bangalore Owner: In the world of cricket, few franchises have captivated fans and created a strong brand like Royal Challengers Bangalore (RCB) in the Indian Premier League (IPL). Who is the owner of RCB in IPL 2023? While the team’s performances on the field have had their ups and downs, one constant presence has been the owner, whose vision and passion have been instrumental in shaping RCB’s journey. In this blog post, we delve into the story of the Royal Challengers Bangalore owner and the impact they have had on the team. Who is the owner of RCB in IPL 2023?
RCB Owner Name
The owner of Royal Challengers Bangalore is United Spirits, a subsidiary of Diageo, a British multinational alcoholic beverages company. The team was originally owned by liquor baron Vijay Mallya, under his company, UB Group. However, in 2016, United Spirits acquired a majority stake in Royal Challengers Bangalore, making them the official owners.
Vijay Mallya | Founder of RCB
RCB Owner Name: Vijay Mallya was the founder of the Royal Challengers Bangalore (RCB) cricket team. He was a flamboyant businessman who was known for his lavish lifestyle. Mallya was also a controversial figure who was accused of financial irregularities. In 2016, he fled India to avoid arrest on charges of fraud and money laundering.
United Spirits Limited | Owner of RCB
United Spirits Limited (USL) is an Indian alcoholic beverages company, and the world’s second-largest spirits company by volume. It is a subsidiary of Diageo, and headquartered at UB Tower in Bangalore, Karnataka. USL exports its products to over 37 countries.
United Spirits has a wide range of brands, including some of the most popular spirits in India, such as McDowell’s No. 1, Royal Challenge, and Signature. The company also exports its products to over 37 countries, and is a major player in the global spirits market.
RCB Net Worth
In 2023, RCB’s net worth is estimated to be around INR 697 crores (approximately $88 million). This makes RCB the third richest team in the IPL, behind Mumbai Indians and Chennai Super Kings.
RCB’s net worth is generated from a variety of sources, including:
- Media rights: RCB receives a share of the media rights revenue for the IPL. This revenue is generated from the sale of television and streaming rights for the tournament.
- Sponsorships: RCB has a number of sponsorship deals with major brands, such as Myntra, Muthoot Fincorp, and Wrogn. These deals generate revenue for the team.
- Merchandise sales: RCB sells a variety of merchandise, such as jerseys, caps, and other items. This merchandise is sold through the team’s website and at retail stores.
- Attendance: RCB has a large fan base and the team’s home matches are usually well-attended. The team generates revenue from ticket sales.