RCB Sale Update: US Billionaire enters $1.8 billion bidding war

Cricket

Billionaire David Blitzer has entered the bidding war to buy the Royal Challengers Bengaluru IPL franchise

David Blitzer is a US billionaire and sports investor, co-founder of Harris Blitzer Sports & Entertainment, a senior executive at Blackstone Group, and a global owner of NBA and NHL teams

RCB is reportedly up for sale at a massive valuation, with the biggest bid around $1.8 billion and strong competition from both global and Indian buyers

Other bidders reportedly include Manchester United co-chair Avram Glazer, along with several Indian tycoons and major business groups

If Blitzer wins the bid, the IPL could become even more global, with fresh capital boosting team development and fans potentially witnessing strategic changes

Final bids are due by mid-March 2026, and the deal will require BCCI approval before the IPL season begins

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