Know About RCB Owner 2024 Net Worth 

RCB is one of the franchises in the IPL. RCB is known for celebrities, loyal fans, and perfectionism. The owner of the team is a subsidiary of the international beverages company Diageo and is one of the most valuable brands in IPL 2024. Let's get into details regarding the current owner, net worth, and brand value of RCB.

RCB Ownership in 2024

United Spirits, a subsidiary of the company Diageo currently owns the Royal Challengers Bangalore team as of the year 2024, IPL. The team has previously been owned by Industrialist Vijay Mallya since its inception before stepping aside in 2016, due to allegations of financial fraud, and was completely transferred to United Spirits. As of now, Prathamesh Mishra has succeeded Anand Kripalu, who has been in the post since 2021.

Ownership Details of RCB:
Owned by United Spirits (Diageo Group)
Chairman: Prathamesh Mishra

RCB Net Worth in 2024

The net value of RCB is reportedly ₹697 crores. In FY 2021-22, the parent entity, United Spirits, realized revenues of ₹9,747 crores, translating into $1.2 billion, and net profitability stood at ₹810 crores or $100 million. Though the specific monetary investment of RCB in United Spirits is not publicized, the franchise invests significantly in the company's kitty by way of revenue from sponsorships, ticket sales, and merchandise sales.

Important Financial Information

• RCB Value: INR ₹697 Crores
• United Spirits Revenue for 2021-22: INR ₹9,747 Crores
• United Spirits Net Profit for 2021-22: INR ₹810 Crores

RCB Brand Value for IPL 2024

The RCB brand value in 2024 stands at $69.8 million. The team has never won the IPL trophy but the marketability and popularity of the team cannot be beaten. Known for its bold red and black colors and aggressive playing style, RCB has built a strong brand identity. Partnerships with companies such as Myntra, Muthoot Fincorp, and Wrogn further enhance its brand value. The profitability of the franchise is pegged at INR ₹313 crores, which demonstrates its financial strength and the ability to attract top-tier sponsorships.

RCB Brand Value Metrics:

• Brand Value: $69.8 Million
• Project Earnings: INR ₹313 Crores

The team is still led by Faf du Plessis for IPL 2024. The latter is a well-known cricketer from South Africa. Since 2022, he has been the head coach of the team as well, and he happens to be the most experienced person in terms of strategic foresight and leadership qualities. Under du Plessis, RCB remained an unflinching giant in the tournament.

RCB Captain:

• Faf du Plessis

RCB Team Support Staff in 2024

RCB's team boasts highly skilled and committed support staff. The important personalities in that list are:

Conclusion

Defined by electrifying performances, iconic players, and never-back-down fan support, RCB's IPL journey has had its defining elements. With a net worth standing at a healthy ₹697 crores and brand value at $69.8 million, the team has been one of the forces to reckon with in IPL. Even as the IPL trophy continues to remain the elusive one, strong financials and leadership for the side ensure its continued importance in cricketing.