Who Owns RCB? The Net Worth of Bangalore Royal Challengers Owner Exposed
- Abantika Paul
- Apr 7
- 3 min read
Updated: May 28
Written By Abantika Paul
Edited By Vanya Jain
Presented By Delhi Royale
Content
Who Owns RCB?
With an extraordinary fan base and star players, the Royal Challengers Bangalore (RCB) is one of the most popular franchises in the Indian Premier League (IPL). The team was established in 2008 and is owned by Royal Challengers Sports Pvt Ltd, which is under United Spirits. United Spirits is a subsidiary of Diageo, which is a powerhouse of the alcoholic beverages industry. While Mallya is associated with RCB as he was once the chairman of United Spirits, Diageo now runs RCB while the former has left the positions.
Owner of Bangalore Royal Challengers
About the Owner Who Owns RCB
Diageo plc is a well-known multinational player in the alcoholic beverages sector and holds USL as its subsidiary. The company entered into a controlling stake in USL in 2013 and acquired 55.88% of the shares in USL. With this acquisition, Diageo secured its position amongst the winners' circle in the Indian spirits market. Prathmesh Mishra is the chief commercial officer of Diageo India and acts as the chairman of Royal Challengers Sports Pvt Ltd, owner of the Royal Challengers Bangalore (RCB) franchise.
RCB CEO Net Worth
United Spirits Limited (USL) has a market cap of about INR 1,04,084 Crore (~ USD 1,220). USL generates revenue through brands such as McDowell's No.1, Royal Challenge, and Signature. Due to its strong market position and broad distribution network, USL is one of the leading companies in the Indian alcoholic beverages market. USL is owned by Diageo, which benefits in the form of financial contributions from USL.
RCB Ownership
USL has commercial alliances with a host of local and global brands. The firm imports, develops, distributes, and retails Diageo-owned brands in India under various licence agreements, such as Captain Morgan, Johnnie Walker, J&B, Bailey's, Lagavulin, Talisker, VAT 69, Black & White, Smirnoff, and Ciroc. These alliances enable USL to diversify its product portfolio and enhance its market presence.
United Spirits RCB
RCB's franchise was acquired by Diageo upon the purchase of USL in 2013. When Vijay Mallya stepped away from the team in the wake of legal matters, Diageo's management took over complete responsibility for RCB. The appointment of Prathmesh Mishra as Chairman of Royal Challengers Sports Pvt Ltd in 2021 was a clear indication of Diageo's dedication to the success of the team. The financial and strategic resources provided by Diageo have played a crucial role in the growth and functioning of RCB.
Bangalore Royal Challengers Owner Net Worth
As the owner of Royal Challengers Bangalore, United Spirits has played a substantial role in RCB's IPL journey. The franchise has gained wider reach and success based on the company's strong brand portfolio and financial success. United Spirits remains an integral part of RCB's business and long-term impact on the IPL.
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The Current Owner Of Royal Challengers Bangalore (RCB) Is United Spirits. RCB’s CEO Has A Notable Net Worth, Driving The Team's Success. Learn About RCB Ownership And The Key Figures Behind Bangalore Royal Challengers. Discover The Owner’s Net Worth And How United Spirits Influences RCB. Get The Latest On RCB Ownership And The Impact Of Its Leadership. Explore More Now At Delhi Royale Luxury Lifestyle Blog https://www.delhiroyale.in/luxury-lifestyle-blog
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