Less than six months after winning their maiden Indian Premier League title after a wait of 18 years, the Royal Challengers Bengaluru (RCB) have been put on sale. While there have been talks about the franchise’s ownership, the confirmation came on Wednesday evening with Diageo revealing that they initiated the process to sell the IPL as well as the Women’s Premier League (WPL) team, which is three years old and has a title to its name.

In a communication to the Bombay Stock Exchange (BSE) and National Stock Exchange on Wednesday, the UK-based company called it a ‘Strategic Review of the Investment Royal Challengers Sports Pvt Ltd (RCSPL),’ a wholly owned company of United Spirits Ltd, the Indian Subsidiary of Diageo.

The letter further stated: “The USL is initiating a strategic review o

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