The potential change in ownership of Royal Challengers Bengaluru has reached a critical phase, with Parth Jindal, co-owner of Delhi Capitals, showing interest in bidding for the franchise. However, the IPL’s prohibition on cross-ownership poses a regulatory hurdle, requiring Jindal to divest his stake in DC first. Diageo has received interest from six parties for the sale, with valuations nearing $2 billion. JSW Group’s interest in RCB aligns with their ownership of Bengaluru FC, offering strategic synergies. Options for Jindal include a sequential exit from DC before acquiring RCB or a conditional purchase agreement contingent on DC divestment by IPL 2026 deadlines. Valuation remains crucial in determining the future of RCB, with ongoing speculation suggesting evolving dynamics. Jindal’s path to RCB ownership hinges on successfully navigating regulatory compliance and transaction timing, making the transition from Capitals to Challengers a tangible possibility if valuation expectations are met.
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