Know latest update on Royal Challengers Bengaluru's (RCB) sale ahead of IPL 2026

Ahead of the 2026 season of the Indian Premier League (IPL), the Royal Challengers Bengaluru (RCB) franchise and fans received great news of their Karnataka government giving the green signal to their home venue, the M. Chinnaswamy Stadium in Bengaluru. Now, the reports have claimed another update of them getting sold ahead of the season.

The Glazers have used Manchester United as collateral to buy a cricket team, which is worth 1.8 billion pounds. Previously, it was reported that the global investors, including the Manchester United co-owner, Avram Glazer, are looking at bidding over a billion US dollars to buy both Royal Challengers Bengaluru (RCB) and the Rajasthan Royals (RR).

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The estimated bid amount for each franchise is expected to be close to or beyond the combined value of the Lucknow Super Giants and Gujarat Titans, as the IPL franchise that the BCCI sold in 2021 for a combined total of INR 12715 crore, which is nearly 1.69 billion. It was also revealed that eight investors have made the shortlist for RCB, whose Men’s and Women’s teams are the current champions of IPL and WPL.

Manchester United likely to buy RCB for 1.80 billion dollars

The RCB shortlist includes the Lancer Capital owned by Abraham Glaz, who is now the frontrunner to complete the signing, while the others are the Manipal Group owned by Ranjan Pai Adhar Poonawalla, who owns the Serum Ministry of India, Times of India Group, EQT Private Capital, and Capri Global.

Sanjay Govil, the US-based businessman who owns the Washington Freedom in the Major League Cricket and the Welsh Fire in 100, along with the private equity firm Premji Invest, is also part of the list. The estimated bid for RCB is likely to be between 1.2 and 1.8 billion dollars.

These ranges were derived from the non-bidding bids investors made in the initial round, which was in February for RCB. It was reported that both RCB and the Royals have provided the option of 100 percent sale to the bidders ahead of the season.