The Royal Challengers Bengaluru is officially looking forward to selling the venture after the team won their maiden IPL trophy in 2025. Both the women's and the men's teams are owned by Diego under the umbrella of Royal Challengers Sports Private Limited (RCSPL), which is also a subsidiary of United Spirits Ltd. The global alcobev (alcohol and beverages) brand Diego has filed with SEBI (Security and Exchange Board of India) regarding a "strategic review" of its statement in RCSPL. In the SEBI filing, Praveen Someshwar, the Managing Director and CEO of United Spirits, highlighted the importance of RCSPL's asset but is currently reviewing their portfolio in India. He said, "RCSPL has been a valuable and strategic asset for USL; however, it is non-core to our alcobev (alcohol and beverages) business. This step reinforces USL and Diageo's commitment to reviewing our India portfolio to ensure sustained long-term value for stakeholders, while keeping RCSPL's best interests in mind." Read also: Anya Shrubsole set to join RCB as bowling coach Earlier the franchise was bought by the businessman Vijay Mallya in 2007 for a whopping price of $111.6 million. Since its inception in 2008, it took 18 seasons to finally win the IPL Trophy on the 19th this 2025. However, the trophy win did not go well. A subtle mismanagement from RCB's behalf claimed 20 lives during the victory parade. The players, including the management staff, were brought under scrutiny. Will it hamper the team and the players? The company’s strategic review is anticipated to conclude by March 31, 2026. By that time, the WPL season will have ended and the IPL will be underway, as per the current schedule. Should the RCB owners proceed with the sale, it is unlikely to affect players or tournaments in 2026. Following the sale, the IPL governing body will initiate the bidding process for new ownership, which could extend into 2027.