RCB ka malik kaun hai: Who is the owner of RCB? Check here
Published on: Mar 9, 2023 9:26 pm IST|Updated on: Mar 9, 2023 9:26 pm IST
RCB ka malik kaun hai: Royal Challengers Bangalore (RCB) is one of the most popular teams in the Indian Premier League (IPL) and has a large fan base worldwide. While fans are familiar with the players, their performance on the field, and the team’s history, not many are aware of who the owner of RCB is. In this article, we will delve into the details of RCB’s ownership, their history, and the financial aspects of the team.
RCB ka malik kaun hai
Who is the Owner of RCB? RCB ka malik kaun hai? The owner of RCB is United Spirits Limited, which is India’s largest alcoholic beverage company. United Spirits is a subsidiary of Diageo, a multinational beverage company based in London. The idea for the franchise was conceptualized by United Spirits, which named it after its brand Royal Challenge. United Spirits bought the franchise for USD 111.6 million in 2008, making it one of the most expensive teams in the IPL.
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Previously, the chairman and non-executive director of RCB was Vijay Mallya, the former chairman of the now-defunct Kingfisher Airlines. However, after his legal troubles, Mallya resigned from the post in 2016. Following his resignation, Mahendra Kumar Sharma was appointed as the chairman of RCB. In 2021, Anand Kripalu, who was the Managing Director and Chief Executive Officer of United Spirits Limited, was the chairman of RCB. As of 2022, the chairman of United Spirits Limited is Amrit Thomas.
RCB’s History and Performance
RCB has been one of the most consistent teams in the IPL, having qualified for the playoffs on several occasions. However, they are yet to win the title, despite making it to the final thrice. In 2009, they finished as runners-up to the Deccan Chargers, and in 2011 and 2016, they lost to the Chennai Super Kings and the Sunrisers Hyderabad, respectively.
RCB has been known for its star-studded line-up of players, with the likes of Virat Kohli, AB de Villiers, and Chris Gayle being part of the team. The team has also had some outstanding individual performances over the years. In 2016, Virat Kohli scored a whopping 973 runs, the highest by any player in a single IPL season. In 2021, Glenn Maxwell had an exceptional season, scoring 513 runs and finishing as RCB’s top scorer.
Financial Aspects of RCB
The IPL is one of the most lucrative cricket leagues in the world, with teams earning significant amounts of money from sponsorships, merchandise sales, and broadcasting rights. RCB is no exception, with the team having a significant net worth.
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In the fiscal year 2018-19, United Spirits Limited, the owner of RCB, made a net profit of INR 143 crores. This amount accounted for more than 10% of the total operating profit of the company. A survey conducted by Duff & Phelps estimated the net worth of RCB to be INR 595 crores in 2019, making it one of the most valuable teams in the IPL.
Conclusion
In conclusion, the owner of RCB is United Spirits Limited, a subsidiary of Diageo. The franchise was founded by United Spirits, and the team is named after its brand Royal Challenge. Despite having a star-studded line-up of players and a large fan base, RCB is yet to win the IPL title. The team has been consistent in qualifying for the playoffs, but they have been unable to clinch the trophy. However, RCB remains one of the most valuable teams in the IPL, with a significant net worth and a loyal fan base.