United Spirits, whose parent company Diageo is the owner of Royal Challengers Bengaluru (RCB), has denied the rumors of the sale of the franchise in the middle of the team that won its first title of the Premier League of the Indian Premier (IPL).

A Bloomberg report had previously said that Diageo was aimed at selling Royal Challengers Bengaluru, either partially or completely. Diageo is a company of alcoholic beverage based in London. The rumors of the possible sale of Diageo occurred only a few days after a Bangalore stampede took place during RCB’s victory celebrations in Garden City.

Diageo denies RCB sales rumors

The Bengaluru stampede killed 11 people. “This has reference to its communication by email dated June 10, 2025 in search of clarifications of the company in the reports of the media in relation to the potential sale of RCB stake. The company wishes to clarify that the reports of the media mentioned above are of a speculative nature and are not looking for any discussion,” said United Spirits through a statement as reported by Livemint.com.

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Diageo then told the Bombay bag (BSE) that his plans to sell RCB were mere speculation. “The company wishes to clarify that the reports of the aforementioned media are of a speculative nature and is not looking for any discussion,” said Mital Sanghvi, secretary of the Diageo Company, according to a Cricbuzz report. “This is for your information and records,” he added.

Royal Challengers Bengaluru defeated Punjab Kings (PBKs) for six races in the IPL 2025 final on June 3 to ensure its single title. Punjab Kings had a rapid start in persecution with Priyansh Arya (24) and Prabhsimran Singh (26) forging 43 races for the first Wickt, but began to lose regular Wickts. Shank Singh (61*) was the only warrior at the end when Punjab Kings finished his tickets in 184/7.

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