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Vijay Mallya to sell Royal Challengers Bangalore stake?


1983-2011

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New Delhi: Liquor baron Vijay Mallya might be forced to sell his stake in the Royal Challengers Bangalore IPL franchise to reduce the debt in his crisis-ridden Kingfisher Airlines. According to some reports, total debt is of around Rs. 7,500 crore. Mallya had bought the Royals Challengers Bangalore for $111.6 million in 2008. His team is yet to win an IPL title:giggle:, although they have reached the final twice. http://sports.ndtv.com/cricket/news/item/193297-vijay-mallya-to-sell-royal-challengers-bangalore-stake

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