The Royal Challengers Bengaluru (RCB) celebrated their maiden IPL title win on June 3, 2025, after defeating Punjab Kings (PBKS). The victory, which ended an 18-year wait, was followed by a tragic event during the team’s victory celebrations in Bengaluru on June 4, where a stampede resulted in 11 fatalities and numerous injuries. RCB responded by initiating various support measures for the affected families. Following the win, the team’s brand value reportedly surged to $269 million, surpassing all other franchises. Now, ex-IPL commissioner Lalit Modi has made a startling claim, sparking speculation about a potential change in the franchise’s ownership. Modi suggested that the owners have decided to sell the team, citing its recent success, strong fan base, and management team. He anticipates that the sale could set a new valuation record for an IPL franchise, highlighting the league’s growth. Modi expects Citibank to manage the auction process.
