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IPL 2026: RCB sold for $1.78 billion in landmark deal

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In one of the biggest franchise deals in cricket history, Royal Challengers Bengaluru (RCB) has been sold for approximately $1.78 billion (INR 16,660 crore) to a powerful consortium of Indian and global investors.

The all-cash deal was confirmed by United Spirits Limited (USL), the current owner of the franchise and a subsidiary of global beverage giant Diageo.

The sale follows a “strategic review” by Diageo, which had identified cricket as a non-core business and aimed to complete the transaction by the end of March 2026.

New ownership structure

The consortium acquiring RCB includes the Aditya Birla Group, Times of India Group, Bolt Ventures, and Blackstone’s private equity arm. Under the agreement, both the men’s and women’s teams—previously operated by Royal Challengers Sports Private Limited—will now be fully owned and managed by the new group.

Former cricketer Aryaman Birla is set to serve as chairman, with Satyan Gajwani appointed as vice-chairman.

Record-breaking valuation

The $1.78 billion price tag highlights the surging commercial value of franchise cricket. The figure surpasses the combined valuation of the Lucknow and Ahmedabad IPL franchises sold in 2021 and marks a dramatic rise from RCB’s original purchase price of $111.6 million in 2008.

The franchise’s growth has been fueled by consistent on-field success and a massive global fanbase. Led by star player Virat Kohli, RCB’s men’s team secured its first-ever IPL title in 2025, while the women’s side, captained by Smriti Mandhana, are also reigning champions in the Women’s Premier League.

Strategic vision and global backing

The new ownership brings together a diverse mix of business and sporting expertise. Bolt Ventures is linked to prominent investor David Blitzer, who holds stakes in multiple global sports teams across leagues such as the NBA, NFL, and Premier League. Meanwhile, Blackstone—one of the world’s largest asset managers—adds significant financial muscle to the consortium.

In a joint statement, the new owners described RCB as “one of the most iconic franchises in world sport,” citing its championship-winning culture, deep connection to Bengaluru, and passionate fanbase.

“We are committed to taking RCB to new heights, both on and off the field,” the consortium said.

What happens next

The deal is still subject to regulatory approvals from the Board of Control for Cricket in India (BCCI) and the Competition Commission of India before it is formally completed.

Industry analysts say the sale signals a new era for franchise cricket, with increasing global investment and cross-sport ownership models reshaping the business of the game. With fresh capital and international expertise, RCB is expected to expand its brand, talent pipeline, and commercial footprint in the coming years.

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Afghanistan, Uzbekistan set for friendly cricket clash in Khost

The match will be played during a cricket league, and is part of the Cricket Development Support Memorandum of Understanding (MoU) signed between the ACB and the Cricket Federation of Uzbekistan in December last year.

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The Afghanistan Cricket Board (ACB) has announced that it will host Uzbekistan’s national cricket team for a one-off T20 international on July 10 at the Rahmat Wali Masroori Cricket Ground in Khost province.

According to the ACB, the match will be played during a cricket league, and is part of the Cricket Development Support Memorandum of Understanding (MoU) signed between the ACB and the Cricket Federation of Uzbekistan in December last year.

The friendly match is scheduled to begin at 9:00 AM, with an Afghan XI taking on the visiting Uzbek side. The game will be broadcast live across Afghanistan and internationally through various linear and digital platforms.

Quoted by the ACB, Chief Executive Officer Naseeb Khan said the board remains committed to supporting emerging cricket nations such as Uzbekistan and is ready to extend similar assistance to other countries seeking to develop the sport.

He noted that the ACB has already organized capacity-building programs and training workshops for members of the Cricket Federation of Uzbekistan, while several Uzbek fast bowlers also participated in the ACB’s specialized Fast Bowling Camp last year.

Khan added that Uzbekistan has consistently maintained a friendly policy toward Afghanistan and that the two countries have strengthened cooperation in healthcare, politics, and trade in recent years. He said closer collaboration in cricket development would further deepen relations between the two neighboring nations.

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Serbian Dejan Dedovic appointed head coach of Afghanistan national futsal team

Dedovic will lead Afghanistan’s preparations for upcoming regional and international competitions, overseeing the team’s technical development and training programs.

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The Afghanistan Football Federation (AFF) has appointed Serbian coach Dejan Dedovic as the new head coach of the national futsal team on a two-year contract.

The agreement was signed during a ceremony attended by AFF officials, futsal committee members, technical staff, and sports journalists.

Dedovic will lead Afghanistan’s preparations for upcoming regional and international competitions, overseeing the team’s technical development and training programs.

The federation also announced several additions to the national team’s coaching staff. Iran’s Javad Asghari Moqaddam has been appointed technical director, while Morteza Mansour Samaei will serve as goalkeeping coach. Spain’s Uriel Masana has joined as assistant coach, Iran’s Sadeq Amani as fitness coach, and Brazil’s Joao Lira as team analyst.

In addition, the AFF renewed the contract of Mohammad Nasir Sedaqat as manager of the national futsal team.

The federation said it expects the newly assembled coaching staff to contribute to the continued development of Afghan futsal and strengthen the team’s competitiveness at the regional and international levels.

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India clinch ODI series against Afghanistan

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The India national cricket team defeated Afghanistan in the third and final One Day International (ODI), sealing the series with a 9-wicket victory and lifting the series trophy.

Afghanistan won the toss in the final match and opted to bat first.

Batting first, Afghanistan were bowled out for 218 in 44.2 overs, setting India a target of 219 runs.

Hashmatullah Shahidi played a superb innings, scoring 102 runs off 131 deliveries, anchoring the Afghan batting effort.

In reply, India made light work of the chase, reaching 219 for the loss of just one wicket in 28.4 overs, completing a dominant run chase.

India had already taken an unassailable lead in the series by winning the first ODI by 7 wickets and the second by 170 runs, before sealing a comprehensive 3–0 series sweep in the final match.

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