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Every expensive transfer in the IPL is a reminder that franchises operate like corporations, scanning balance sheets, weighing brand value, and calculating the long-term returns a player can deliver both on and off the field. For players, these moves can be career-defining, putting them under immense pressure to justify the price tag, but also offering a stage to prove their worth. The economics of the IPL have only grown more complex, with media rights, sponsorships, and global fan bases magnifying every decision. A single transfer can ripple through merchandise sales, TV ratings, and even international cricket strategies. (Image Source: iplt20.com)
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CNBC TV18•22-01-2026, 20:19

Adar Poonawalla to Bid for RCB, Ownership Transfer Gains Momentum

  • •Adar Poonawalla, Serum Institute CEO, announced a "strong and competitive" bid for Royal Challengers Bengaluru (RCB).
  • •The ownership transfer process for RCB, valued at USD 105 million, began in November by current owners United Spirits Ltd (USL).
  • •The decision to sell was accelerated by a stampede during victory celebrations and USL's focus on its core alcobev business.
  • •RCB is considering moving home matches out of Bengaluru for IPL 2026, with Pune, Mumbai, and Raipur as potential hosts.
  • •Hombale Films, known for KGF and Kantara, is also reportedly in the running to acquire RCB.

Why It Matters: Adar Poonawalla confirms bid for RCB as the team's ownership transfer and potential home ground shift unfold.

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