Vijay Mallya Recalls Laughter Over RCB Sale to Birla-Led Consortium

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Vijay Mallya on RCB Sale: 'People Laughed at Me' for Rs 450 Cr Investment

From Rs 450 crore to Rs 16,500 crore: Vijay Mallya congratulates new RCB owners

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Storyboard•26-03-2026, 10:04

Vijay Mallya on RCB Sale: 'People Laughed at Me' for Rs 450 Cr Investment

•Vijay Mallya, former RCB owner, expressed gratification over the franchise's record-breaking sale.
•The team's valuation surged from Rs 450 crore to over Rs 16,000 crore, acquired by an Aditya Birla Group-led consortium for $1.78 billion.
•Mallya recalled criticism in 2008 when he bought RCB for Rs 450 crore, calling it a 'vanity project'.
•He congratulated the new owners and highlighted his role in picking a young Virat Kohli.
•The deal sets a new IPL record for franchise valuation, surpassing Rajasthan Royals' previous record.

Read Full Article on Storyboard in English

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