Recent reports suggest that Virat Kohli may play for new owners in the upcoming IPL season. The Serum Institute CEO, Adar Poonawalla, is rumored to be the frontrunner to acquire the Royal Challengers Bangalore franchise. Former IPL commissioner Lalit Modi’s post sparked speculation about the sale, although United Spirits, the current owner, has not confirmed it. The potential sale could set a record valuation and attract global investors. While USL/Diageo have not commented on the sale reports, market reactions indicate positive interest. Unverified aspects include Poonawalla’s involvement, the speculated valuation exceeding $2 billion, and Citi’s potential role in the sale. Diageo’s portfolio streamlining and India’s ad regulation pressures on alcohol brands could be driving factors behind the rumored sale. If the rumors hold true, fans can anticipate a change in ownership for the IPL champions before the next season.
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