RCB became the first champion and is Bantadhar, also the fate of Kohli, auctioned in thousands of Crores RCB?

Cricket News Desk. Royal Challengers Bangalore, who first won the title in 18 years, is bad news for fans. The team recently won its first title and Virat Kohli’s dream of playing for the team has been fulfilled. The team supporters couldn’t even end the celebrations that shocked a news. The leading company Diazio has explored the possibility of selling its stake in the Indian Premier League (IPL) franchise Royal Challengers Bangalore (RCB). The move is taken a few days after the unfortunate bumps at M. Chinnaswamy Stadium in Bangalore, where fans are banned from celebrating the team’s trophy victory. According to Bloomberg, Diazio, who has a majority stake in RCB, contacted investment banks and financial advisors to assess the possible evaluation of the franchise and its attraction in the market. The reports claim that the ownership of the team will be transferred for about Rs 17 thousand crore. However, no official statement came to this. The move was raised after an incident in Bangalore, where thousands of fans were denied access to the stadium, causing controversy and safety issues. The situation worsened after a stamp at M. Chinnaswamy Stadium, when a large number of fans gathered to watch the IPL final at the team’s celebrations. The bump at the entrance was caused by a crowd in which many people were injured and issues of public arrangements arose. The incident created a challenging situation for Diazio as the company conquered its brand image and the risks associated with IPL. The team’s performance has been mixed since Vijay Mallya won a majority interest in RCB in 2014. Despite being a strong fan, RCB has not yet won the IPL title, which arises a few questions about the feasibility of the franchise. Experts believe that many factors, including the growing popularity of the IPL, the performance of the team and the broader business potential of the game in India, may influence the possibility of Diazio to sell their share. However, the recent run-off incident will undoubtedly be a matter of concern for any possible buyer. There was no official statement from Diazio or RCB on this matter. The company spokeswoman refused to comment, while RCB management also answered no questions. It still has to be seen whether Diazio actually sells its stake in RCB and if so, who can be a potential buyer. Right now, the move gave air to speculation in the game and the business world. Share this story -tags