The Indian Premier League is witnessing a massive shift as global sports icons eye the league. Avram Glazer, the co-owner of Manchester United, is now a top bidder in the RCB and RR ownership takeover race. This move comes as Diageo, the current owner of Royal Challengers Bengaluru, looks to sell its entire stake in the franchise.
The bidding for the Bengaluru team has reached a massive scale. Glazer’s investment firm, Lancer Capital, submitted a non-binding bid of around 1.8 billion dollars. In Indian currency, this equals approximately 16,300 crore rupees. If the deal goes through at this price, it would make RCB one of the most expensive sports teams in the world.
Glazer is not the only person interested in the team. At least eight other groups have also made the shortlist. These include the Manipal Group, the Times of India Group, and the Serum Institute of India. Most of these bidders want a 100 percent sale of the franchise.
The timing of this RCB and RR ownership takeover news is perfect. RCB is at the top of its game right now. The men’s team won the IPL title in 2025, and the women’s team recently secured its second WPL trophy in February 2026. This success has pushed the brand value to an all-time high.
While RCB is the main target, Glazer is also interested in the Rajasthan Royals. However, league rules prevent one owner from holding two teams. This means he will eventually have to choose one. The final decision on the new owners should come by the end of February. Fans are now waiting to see if a new era of global leadership will come to Indian cricket.
