David Blitzer Explores Acquiring Majority Share in IPL's RCB or Rajasthan Royals

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David Blitzer Eyes IPL Majority Stake, Setting Up Bidding War with Avram Glazer

Blitzer’s family office, BOLT Ventures, has advanced to the second round of negotiations for both IPL teams and is undertaking what one person close to the discussions described as serious work as he considers a potential move for either franchise.

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Storyboard•28-02-2026, 05:16

David Blitzer Eyes IPL Majority Stake, Setting Up Bidding War with Avram Glazer

•US billionaire David Blitzer is exploring a majority stake in an Indian Premier League franchise, in talks with two teams.
•Blitzer is conducting due diligence on Royal Challengers Bengaluru and Rajasthan Royals.
•Royal Challengers Bengaluru, last year’s IPL champions, are reportedly valued at around $1.8 billion.
•Avram Glazer, co-owner of Manchester United, has also submitted initial bids for both IPL teams.
•Rising team revenues and the IPL's record $18.5 billion valuation are fueling investor appetite, with KKR and Blackstone also competing.

Read Full Article on Storyboard in English

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