RCB Getting A New Owner? Diageo Clarifies Rumour of the Company Looking For Stake Sale

RCB:  Royal Challengers Bangalore are relishing in the glory of a victorious wi, breaking the 18-year drought of failures and retries. After the historic win, rumours about Diageo selling the IPL team and looking for a stake sale were quickly spread all over the internet. 

However, in a letter addressed to Bombay Stock Exchange (BSE) and its Surveillance Department on Tuesday, June 10, have rejected all rumours of selling the team. 

Mital Sangavi, the company secretary said, “The company would like to clarify that the aforesaid media reports are speculative in nature and it is not pursuing any such discussion.”

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