The value of IPL is ever-growing and there are quite a few interested parties in buying a stake, or a full team in the league. At the start of 2026, it was revealed that Diageo has put up RCB for sale, while RR is considering a majority stake sale. That effectively means a race to bid for these teams.
Foreign investors show interest in RCB & RR
Now, as per a report in Reuters, global private equity investors — KKR and Blackstone are also investing in the IPL. This after the value of the league has reportedly surged to $18.5 billion in 2025. Both of them are eyeing stakes in RCB or RR. What might have propelled them to consider this is, CVC Capital making a good sum of money from their stake in GT.
The report says, they sealed the deal, after keeping the team for four year, at $900 million.
Blackstone, KKR, Partners Group and Royal Challengers Bengaluru declined to comment, while Rajasthan Royals did not respond to Reuters’ requests for comment. The sources declined to be named as the talks are private. Meanwhile, there has been no confirmation from these parties.
IPL teams’ revenue on the rise
Talking specifically about RCB — their estimated value is around & 1.5-2 billion and interested parties include Lancer Capital, Adar Poonawalla, Manipal Group, and the Adani Group, who have also been shortlisted for the next stage. As far as the reported revenues of these teams go — all have done fairly well.
MI’s revenue of $34 million in 2022, grew to $73 million. For RCB, the figure grew from 32 million to 56 million. For CSK it was 38 million to 72 million. KKR were at 35 million earlier, and were 77 million in 2025, while PBKS were 73 million from 31 million in 2022.
