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Posted
9 minutes ago, New guy said:

It's not just birla, it's a joint venture combining Aditya Birla Group, the Times of India Group, Bolt Ventures and Blackstone's perpetual private equity strategy, BXPE

 

https://www.espncricinfo.com/story/rcb-sold-for-usd-1-78-billion-to-aditya-birla-times-of-india-led-consortium-1529082

KKR , DC, GT, RR all have multiple Investment groups behind them not a single entity owing the whole franchise 

Posted

Everybody expected RCBs valuation to be north of $2 billion but getting only $1.8 billion is surprising for both the men's and women's team. Maybe Kohli nearing his retirement has to do with this.

 

 

Posted
59 minutes ago, Tillu said:

Everybody expected RCBs valuation to be north of $2 billion but getting only $1.8 billion is surprising for both the men's and women's team. Maybe Kohli nearing his retirement has to do with this.

 

 

It's pure liquid cash, that's big value in current times. Pretty sure they would have got more of they had settled for equity and other assets.

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