Kolkata (PTI): Three-time champions Kolkata Knight Riders on Tuesday appointed explosive batter Rinku Singh as their vice-captain for IPL 2026, underlining the franchise’s long-term leadership plans.
Rinku will assist skipper Ajinkya Rahane, who has been retained as captain despite KKR’s disappointing IPL 2025 campaign.
“Rinku Singh will work very closely with skipper Ajinkya Rahane as vice-captain,” KKR CEO Venky Mysore said during the team’s ‘Knights Unplugged 3.0’ event here.
Backing the decision, head coach Abhishek Nayar said Rinku’s evolution within the set-up made him a natural choice for a leadership role.
“I’ve seen him evolve as a leader over the years. He’s someone the team always looks forward to, so we wanted to give him a little bit more responsibility. I feel it’s the perfect time after winning the T20 World Cup,” Nayar said.
Rinku’s rise has been one of the most remarkable stories in IPL history, from being picked for Rs 80 lakh in 2018 to being retained for Rs 13 crore ahead of IPL 2025.
He shot to fame after smashing five consecutive sixes in a last-over chase, a feat that fast-tracked his India call-up and cemented his reputation as one of the league’s premier finishers.
Both Rahane and Rinku were called on stage together, with the latter drawing the loudest cheers from the crowd, many even chanting “captain kore dao Rinku (make Rinku the captain)”, reflecting his immense popularity.
Barring the injured trio of Harshit Rana, Matheesha Pathirana and Akash Deep — the latter ruled out of the season — the entire squad was present along with the support staff.
The team will leave for Mumbai on Wednesday for the opening match against Mumbai Indians at the Wankhede Stadium on March 29.
Left-arm pacer Saurabh Dubey, who has been named as Akash Deep’s replacement, was the first player to be introduced on stage.
Rahane, 37, had topped KKR’s scoring charts last season with 390 runs but could not prevent the team from finishing eighth with just five wins in 14 matches (two abandoned) during their title defence -- their worst showing since 2009.
KKR head into IPL 2026 with a significantly revamped batting unit after parting ways with stalwarts Andre Russell and Venkatesh Iyer, while making a record Rs 25.20 crore bid for Cameron Green.
The squad now boasts explosive options such as Finn Allen and Tim Seifert, alongside Sunil Narine at the top.
Rahane might not be a range-hitter that the modern T20 game demands, but the appointment of Rinku as his deputy suggests a clear succession plan.
Addressing questions around pressure following last season’s flop show, Rahane struck a composed note.
“Every year, there are different challenges as a player and also as a captain. What I learned throughout my journey is to be positive each and every time, whatever challenges are there,” he had said during KKR’s first media interaction last week.
“My mindset has always been like that throughout my career, that if I see any challenges or particular, if something difficult is, I look at it in a positive way and try to give my best as a player and also as a captain,” he added.
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Bengaluru (PTI): A consortium led by the Aditya Birla Group (ABG) on Tuesday acquired 100 percent equity stake in IPL franchise Royal Challengers Bengaluru for a whopping USD 1.78 billion (approximately Rs 16,706 crore) from its current owner the United Spirits Limited.
Other parties involved in the group are -- Blackstone’s perpetual private equity strategy, BXPE, a firm of which Viral Patel is the CEO, Bolt Ventures, owned by American investor David Blitzer, and media conglomerate Times of India.
“United Spirits Limited, pursuant to the meeting of its Board of Directors, today announced that it has entered into definitive agreements for the sale of the 100 percent equity stake held in its wholly owned subsidiary Royal Challengers Sports Private Limited (RCSPL) to a consortium,” the USL said in a statement.
“The consortium comprises Aditya Birla Group (ABG), The Times of India Group (Times), Bolt Ventures (Bolt), and Blackstone’s perpetual private equity strategy, BXPE (Blackstone) for a total consideration of INR 166.6 bn in an all cash transaction,” the statement added.
The transaction includes RCB's men’s and women’s (WPL) teams.
“RCSPL owns and operates Royal Challengers Bengaluru (RCB) franchises that participate in the Indian Premier League (IPL) and Women’s Premier League (WPL).
“Upon completion of this transaction, the consortium will, through its ownership of RCSPL, acquire the rights to own and operate the IPL and WPL franchise,” said the USL.
The announcement also concluded the strategic review of RCSPL that was initiated by USL on November 5, 2025.
The United Spirits Limited is a subsidiary of UK-Diageo, and they were keen to move away from RCB as the team was not central to their business plans.
Commenting on the transaction, Praveen Someshwar, MD & CEO, USL, said: “This transaction marks an important milestone for USL as we sharpen focus on our core beverage alcohol business to unlock its true potential. RCB has grown into the most prominent and commercially successful franchise in the IPL and WPL.
“We are excited for the future of RCB under the stewardship of the new owner. As Sports enters a new phase of growth in India & globally, we believe this is in the best interest of the franchise and our stakeholders.”
Kumar Mangalam Birla, Chairman, Aditya Birla Group, said, “Over the past 2 decades, the IPL has morphed to become a global sporting powerhouse that has changed the face of Indian cricket creating enormous value for India.
“RCB, as one of the most compelling franchises in modern sport, offers the Aditya Birla Group a distinctive platform to extend its legacy of institution-building into the arena of global sport.”
As per the sale agreement, Aryaman Vikram Birla, ABG’s director, will be the chairman of RCB while Satyan Gajwani of Times of India will be his deputy.
Aryaman Birla, said: “It is a privilege to come together in this partnership to shape the next phase of growth for RCB. This partnership brings together a deep understanding of sports, media and consumer businesses.
“Together, we will continue to Play Bold -- on the pitch, in the community, and for the fans who make RCB what it is.”
Gajwani, Chairman, Times Internet Limited, said: “RCB is the reigning champion and the most popular brand in the IPL. We will build RCB into a global sporting institution, while remaining rooted in Bengaluru and Karnataka and its incredible fanbase.”
Blitzer hoped to build on RCB’s recent success.
“RCB has a world-class fanbase, and the IPL is one of the great growth stories in global sport. Having invested in clubs and leagues around the world, I believe the opportunity at RCB stands out.
We look forward to working alongside our partners and the BCCI to build on the franchise’s championship success,” he said.
Patel praised the RCB as one of the strongest sporting brands in the world.
“We are excited to invest in RCB, building on Blackstone’s long-standing commitment to India. RCB stands out as one of the most popular sports franchises in the world with a powerful brand, a loyal fan base, and multiple avenues for growth,” he added.
However, formalities such as ratification from the BCCI, IPL Governing Council, its WPL counterpart and the Competition Commission of India are still pending.
Earlier, IPL franchise Rajasthan Royals was acquired by US-based Kal Somani-led consortium for USD 1.63 billion (approx Rs 15,290 crore),
The Somani-led consortium includes Rob Walton from the Walmart family and Hamp family (Ford motor company).
Somani is an Arizona-based tech entrepreneur who has founded IntraEdge (technology services and solutions), Truyo.Ai (data privacy rights and AI governance) and Academian (edtech services).
The other contenders to buy the team, which won the inaugural trophy in 2008, were the Times Internet-led consortium, the Aditya Birla Group and the Mittal family led by ArcelorMittal CEO Aditya Mittal.
