In a significant development for cricket fans, Amrit Thomas has officially taken over as the chairman of Royal Challengers Bengaluru (RCB) as of March 28, 2026. This change comes in the wake of a historic acquisition involving major stakeholders, including the Aditya Birla Group, The Times of India Group, Bolt Ventures, and Blackstone, who collectively purchased the franchise for a staggering $1.78 billion.
The acquisition values RCB at approximately INR 166.6 billion, a remarkable increase from the INR 450 crores that former owner Vijay Mallya paid for the franchise in 2008. This transition marks a new chapter for RCB, especially after the team won its first IPL trophy in 2025 and is now the defending champion for the 2026 season.
Vijay Mallya, who was the face of RCB for many years, expressed bittersweet sentiments regarding the sale. “When I bought the franchise in 2008 for INR 450 crores, most people laughed at me and criticized my investment as a vanity project,” he stated. His vision for the team has now culminated in a record-breaking sale, highlighting the franchise’s growth and potential.
As RCB prepares for the IPL 2026 season opener at the M Chinnaswamy Stadium in Bengaluru, the atmosphere is charged with excitement. Mallya remarked, “The Day has arrived for our Lions of Bengaluru…namma sinhagulu…IPL Champions. Good Luck and Play Bold…Dhairyadinda ațavadi,” reflecting his pride in the team’s achievements.
Rajat Patidar leads the team as captain, and the franchise’s recent success has generated optimism among fans and stakeholders alike. The acquisition signifies not only a change in ownership but also a renewed commitment to elevating RCB’s status in the Indian Premier League.
Details remain unconfirmed regarding the future direction of the franchise under Thomas’s leadership, but the initial reactions from the cricket community have been largely positive. Observers note that the new ownership group brings a wealth of experience and resources that could further enhance RCB’s competitive edge.
As the IPL 2026 season unfolds, all eyes will be on RCB to see how this new era under Amrit Thomas shapes the team’s future. The franchise’s journey from Mallya’s controversial ownership to a multi-billion-dollar acquisition is a testament to the evolving landscape of cricket in India.
With the season opener just around the corner, the anticipation is palpable, and fans are eager to see how RCB will perform as the defending champions. The franchise’s rich history and recent successes set the stage for what promises to be an exciting season ahead.
