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Vijay Mallya on RCB's Blockbuster Sale: 'Most People Laughed at Me'
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Vijay Mallya Reacts to Blockbuster RCB Sale: 'Most People Laughed at Me'
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Moneycontrol
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26-03-2026, 10:28
Vijay Mallya Reacts to Blockbuster RCB Sale: 'Most People Laughed at Me'
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Fugitive businessman Vijay Mallya reacted to the sale of Royal Challengers Bangalore (RCB), stating his initial investment was vindicated.
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Mallya bought RCB in 2008 for Rs 450 crore; it's now sold for Rs 16,660 crore, a significant value jump.
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The total transaction value is estimated to approach $2 billion (Rs 18,776 crore) including WPL payout and BCCI commission.
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Mallya described the valuation as 'immensely gratifying' and said RCB would always be part of his 'DNA', recalling picking Virat Kohli.
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He congratulated the new owners and thanked fans, while Indian authorities continue to pursue his extradition over Kingfisher Airlines loans.
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