The Indian Premier League (IPL) is facing potential ownership changes as reports indicate the Rajasthan Royals (RR), the league’s inaugural champions in 2008, are considering a sale. This news comes hot on the heels of Royal Challengers Bengaluru (RCB) officially entering the market for potential buyers before the 2026 season. These parallel developments suggest a significant transition period for established IPL franchises, with owners aiming to profit from the league’s record-breaking franchise valuations.
The rumors surrounding Rajasthan Royals’ potential sale gained widespread attention after a social media post by industrialist Harsh Goenka. He indicated that both RCB and RR were reportedly available for purchase, highlighting a trend of owners looking to capitalize on lucrative valuations. Diageo, the parent company of RCB, has already announced a ‘strategic review’ concerning its investment, which may lead to a full sale. However, the Rajasthan Royals’ management has yet to issue any official statement confirming their sale plans. The primary impetus for these potential divestments is the immense market value of IPL franchises. RCB, bolstered by their 2025 IPL victory, is reportedly seeking a valuation of close to USD 2 billion. For the Rajasthan Royals, whose ownership includes Royals Sports Group as the majority stakeholder alongside investors like RedBird Capital Partners, this presents a strategic chance to monetize their stake at what is considered a historic high for the IPL.