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Vijay Mallya Comments on RCB Sale: From 'Vanity Project' Criticism to 'Most Expensive IPL Franchise'
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Mallya Slams Critics as RCB Sells for $2 Billion: From 'Vanity Project' to Most Expensive IPL Franchise
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News18
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26-03-2026, 17:40
Mallya Slams Critics as RCB Sells for $2 Billion: From 'Vanity Project' to Most Expensive IPL Franchise
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Fugitive Vijay Mallya commented on the sale of Royal Challengers Bangalore (RCB) for approximately $2 billion (₹18,776 crore).
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Mallya, who bought RCB for ₹450 crore in 2008, congratulated the new owners and highlighted the franchise's increased value.
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He recalled critics dismissing his investment as a 'vanity project' and stated his goal was to build the Royal Challenge brand.
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The sale by United Spirits Limited (USL) included ₹540 crore for the Women's Premier League and a 5% BCCI commission.
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Mallya expressed satisfaction at his ₹450 crore investment growing to ₹16,660 crore and mentioned picking a young Virat Kohli.
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