Harsh Goenka Suggests Marwari Buyer for RCB as Bidding Results Anticipated

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Harsh Goenka Hints at Marwari Buyer for RCB; Ownership Change Speculation Mounts

RCB is currently owned by United Spirits, a subsidiary of Diageo.

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Storyboard•18-03-2026, 13:56

Harsh Goenka Hints at Marwari Buyer for RCB; Ownership Change Speculation Mounts

•Industrialist Harsh Goenka hinted at a Marwari businessman potentially buying Royal Challengers Bangalore (RCB).
•Goenka's post on X fueled speculation about a possible ownership change for the IPL franchise.
•RCB is currently owned by United Spirits, a subsidiary of Diageo.
•A potential sale would be a high-profile transaction in the IPL, reflecting surging franchise valuations.
•No official confirmation or announcement has been made by RCB or its current owners regarding a sale.

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Expressions of Interest were invited in January 2023, with investors including Fairfax Financial Holdings, Emirates NBD and Oaktree Capital Management clearing the RBI's fit-and-proper criteria. Kotak Mahindra Bank had also joined the race. Due diligence by potential bidders began in August 2025, and the Department of Investment and Public Asset Management had earlier said that a core part of the transaction would be completed by March 31, 2026.

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