{"id":434898,"date":"2026-02-19T21:30:12","date_gmt":"2026-02-19T21:30:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/434898\/"},"modified":"2026-02-19T21:30:12","modified_gmt":"2026-02-19T21:30:12","slug":"rcb-ownership-battle-heats-up-as-man-uniteds-glazer-said-to-have-bid-1-8-billion","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/434898\/","title":{"rendered":"RCB ownership battle heats up as Man United’s Glazer said to have bid $1.8 billion"},"content":{"rendered":"

Avram Glazer<\/a>, the co-owner of Manchester United<\/a>, is making a bid for Indian Premier League<\/a> team Royal Challengers Bengaluru<\/a>, according to people familiar with the matter. <\/p>\n

Glazer has submitted a bid for about $1.8 billion for the cricket team, the people said, asking to not be identified because the information is private.
Blackstone Inc.<\/a>, Carlyle Group Inc.<\/a> and Indian tycoons are among other potential buyers of the franchise, Bloomberg News has reported previously. Diageo<\/a> Plc is the current owner of Royal Challengers \u2014 winner of the T20 IPL cricket tournament<\/a> last year \u2014 and has been seeking to sell part or all of the team at a valuation of as much as $2 billion. <\/p>\n

A spokesperson for Diageo declined to comment. Glazer did not respond to a request for comment. The bidders are expected to be narrowed down in the coming weeks. <\/p>\n

The Glazer family, which also owns the NFL\u2019s Tampa Bay Buccaneers, has been attempting to make a push into cricket for a number of years. In 2021, Avram Glazer bid for an Indian Premier<\/a> League expansion franchise, but fell short after winning offers for the new teams reached staggering valuations of approximately $750 million and $950 million. <\/p>\n

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Glazer pivoted a year later to purchase the Sharjah-based Desert Vipers in the UAE for $30 million, and considered bidding last year for a franchise in English cricket\u2019s The Hundred competition.
Royal Challengers, one the IPL\u2019s founding teams, was initially owned by Vijay Mallya, whose Kingfisher Airlines Ltd<\/a>. folded in 2012 after failing to pay creditors. Diageo took over the team after buying Mallya\u2019s spirits business.IPL valuations have continued to climb, with investors betting on continued long-term media growth and international expansion to support multibillion-dollar franchise values. The owner of the Rajasthan Royals is currently considering bids of up to $1.3 billion, Bloomberg reported. <\/p>\n

Espncricinfo reported earlier that Avram Glazer was considering a bid.<\/p>\n","protected":false},"excerpt":{"rendered":"Avram Glazer, the co-owner of Manchester United, is making a bid for Indian Premier League team Royal Challengers…\n","protected":false},"author":2,"featured_media":434899,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[61306,15178,59257,1721,2684,17773,158712,349,57273,47712,101,158711,56,54,55],"class_list":{"0":"post-434898","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cricket","8":"tag-avram-glazer","9":"tag-blackstone-inc","10":"tag-carlyle-group-inc","11":"tag-cricket","12":"tag-diageo","13":"tag-indian-premier-league","14":"tag-kingfisher-airlines-ltd","15":"tag-manchester-united","16":"tag-premier","17":"tag-royal-challengers-bengaluru","18":"tag-sports","19":"tag-t20-ipl-cricket-tournament","20":"tag-uk","21":"tag-united-kingdom","22":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/434898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=434898"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/434898\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/434899"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=434898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=434898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=434898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}