In the current edition of the Indian Premier League there are 8 teams. All of them fiercely compete in each match and in the overall tournament in order to get the victory and the title. One of the franchises that right now participates in the tournament is RCB.
RCB or Royal Challengers Bangalore is a squad that, as its name suggests, is based out of the city of Bangalore, which is located in the southern part of the country. It has been with the tournament since its foundation back in 2008.
This squad has followers and fans not only from the city of Bangalore, but also from other parts of the country. This means that every match that the squad disputes can be followed by tens or even millions of fans, which is incredible considering how massive and how populated India is.
Unfortunately for those fans, the franchise still doesn’t land a title of its own yet. However, its performance during recent seasons has shown that they will claim their first crown sooner rather than later. In fact, they have reached the final stages of the competition on three separate seasons, which took place during:
- and as recent as 2016!
Considering that this championship is extremely competitive, reaching the finals on three occasions, even if not winning them, can be quite an achievement. These results speak a lot about the great job that everybody working at this institution is doing in order to constantly improve its sports results.
However, besides all these merely sports information, people still wonder about a different piece of information. Specifically, fans would like to know who owns the Royal Challengers Bangalore team and who its director is.
At this moment, the squad is entirely owned by United Spirits Limited. For those who might not know, this company is the largest manufacturer of alcoholic beverages in all India. Considering that India has more than a billion inhabitants, it is not really surprising to know that United Spirits Limited is the second largest alcoholic beverage business in the world. This ranking is created by considering how much these entities produce in terms of volume. This RCB owner 2020, as it will be explored later, has been doing a fantastic job in constantly improving the squad in both sports and financial terms, meaning that the first title of this squad is only a matter of time.
At the same time, United Spirits Limited is owned by its parent company, which is called Diageo, and it is also an alcoholic beverage company that operates from London, England. Of course, the massive amount of supporters that this team enjoys has resulted in the popularity of these companies to soar to incredible levels. Therefore, this relationship between the cricket team and its owners has been, without a doubt, a win-win deal for all parties involved.
How much the RCB owners can earn from their participation on the IPL
Now that people know what entity is behind the RCB squad, it is natural that other questions might appear. Frequently people tend to ask themselves how profitable can be the venture of owning a team that participates in the Indian Premier League. Well, the simple answer to this question is that this can be a highly profitable idea.
This claim is backed up by the numbers that have come out from this deal. Different reports state that United Spirits Limited managed to earn ₹143 crore in a period of only one year. In fact, this amount is so massive, that this alone represented one tenth of all the profits that the beverage company obtained during this period. This is quite an achievement, however, the fact that more than a billion people live in India, and therefore, hundreds of millions of people in the country and in the rest of the world actively follow this competition, actively helps to obtain these fantastic results.
But of course, these numbers are not static. After all, the companies that are behind not only cricket teams, but also squads that participate in other disciplines, want to see a positive and growing trend on its results. This has certainly been the case with the Royal Challengers Bangalore. As we will describe below, the RCB owner business is extremely happy with the performance of the squad.
To illustrate this point, it is important to mention that back in 2017 the team gave to its company a net profit of ₹162 crore. During 2019, this amount increased to ₹313 crore. In other words, in a period of two years the profits have more than doubled.
Overall, these fantastic results obtained by the parent company have surely made them very happy. But at the same time, it reflects that this business has been doing a fantastic job not only from the financial point of view, but from the sporting point of view as well. Let’s not forget that the team reached the final instances of the Indian Premier League on three separate occasions.
United Spirits Limited, as the owner of the squad, continues to invest a lot in the Royal Challengers Bangalore in order to increase its competitiveness even more. These investments are reflected in the acquisition of world-class players and coaches, and better installations for playing and training.
All this growing trend means that fans of RCB should expect their team to significantly improve its results in the upcoming years. Meaning that sooner or later, the incredibly competitive Indian Premier League will have a new and rightful champion, which will be the Royal Challengers Bangalore team.