Vijay Mallya Comments on RCB Sale: From 'Vanity Project' Label to 'Most Valuable IPL Franchise'

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Vijay Mallya Reacts to RCB Sale: From 'Vanity Project' to 'Most Valuable IPL Franchise'

Fugitive liquor baron Vijay Mallya. (AP File Image)

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News18•26-03-2026, 10:58

Vijay Mallya Reacts to RCB Sale: From 'Vanity Project' to 'Most Valuable IPL Franchise'

•Fugitive Vijay Mallya, original owner of Royal Challengers Bengaluru (RCB), reacted to the franchise's sale for nearly USD 2 billion.
•Mallya took a dig at critics who called his 2008 investment of Rs 450 crore a 'vanity project'.
•He congratulated the new owners, wishing them well with the 'most valuable IPL franchise'.
•The sale by United Spirits Ltd (USL) is valued at Rs 18,776 crore, including WPL payout and BCCI commission.
•Mallya expressed gratification that his Rs 450 crore investment grew to Rs 16,660 crore, highlighting his role in picking Virat Kohli.

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