Why do I Need RCB? I don’t even drink royal challenge ‘: Karnataka Deputy CM on Buying IPL Franchise – Watch | Cricket News

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Why do I Need RCB? I don't even drink royal challenge ': karnataka deputy CM on Buying IPL Franchise - Watch

New Delhi: Karnataka Deputy Chief Minister dk Shivakumar on Wednsday put an end to speech linking His Remarks Followed a statement from diegeo India, the owners of RCB and the Indian Subsidiary of UK-Based DIEGEO Plc, Addressing rumors about a potential salary of the team.“I am not a mad man Drink Royal Challenge, “Shivakumar Told News Agency ani.DIEGEO India, The Indian Branch of UK-Based DIEGEO Plc and Owner of the IPL Franchise Royal Challengers Bengaluru (RCB), has firmly rejected rumors of Selling the team. In a letter addressed to the bombay stock exchange (BSE) and its surveillance department on tuesday, June 10, a dieso India representative stated stated that the media reports suggesting a leprosy Speculative. “The company would like to clear that the Aforesaid Media Reports are speculative in nature and it is not pursuing any such discussion,” Mital Sanghvi, The Company Secretary, Informed the Regulating Body of The Indian Stock Market. “This is for your information and records.”According to a Cricbuzz Report, diegeo’s statement was in response to a Query from the bombay stock exchange, where the company is publicly listed. Since Speculation About A Passible Sale of the RCB franchise began circulating, shares of united spirits-the dieso-owned company that holds rcb-have seen a noted a notable uptick.On tuesday, bloomberg reported that dieso is considering seling the ipl champions. The report surfled shortly after RCB’s Maiden IPL Title Win on June 3 – A Milestone Achieved after 17 years – Followed Tragically by An Inspector in Bengaluru on June 4, WHEREBRANED FATAL, Lending 11 dead and many injured. Thought dieso officially disasted the sell reports as “special,” The Ambiguity of their statement has sparked deeper special. A Seasoned Voice in India’s Sports Business Ecosystem Sugged that “Being a public company, there will be a lot of pressure on reputational damage,” Hinting that DIAGEO COLLD BE Weights Options. Seriously Than Publicly Admitted. There are also murmurs about dieso valuing the rcb franchise at Around usd 2 billion. While Some Industry Insiders View that Figure as Inflated – Especially when Compared To Torrent’s Acquisition of Gujarat Titans at Approximately Inr 7500 Crore disagree.

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Lalit Modi, The Architect of the IPL, Told Cricbuzz That A UsD 2 Billion Valuation for RCB is Quite Realistic.“I will not be surprised if it is sold for a higher price,” he remarked, adding that comparing the rcb Valuation to that of the newer Gujarat franchise isn’t an apples-t-t-t-t-t–t-t–t-a Apples Comparison. “I will not be surprised if it is sold for a higher price,” He said, stating that the valuation of gt cannot be compared here since it was a one-yar-ald deal. The salary report remain speculative, as Clarified by the dieso official in the response to the bse. “No decision is final and they may decide against the team, the people said, asking not to be named as the details are private,” The bloomberg report says



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