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Wikipedia - Royal Challengers Bangalore
Royal Challengers Bangalore (RCB), officially Royal Challengers Bengaluru, is a professional franchise cricket team based in Bangalore, Karnataka, playing in the Indian Premier League (IPL). The franchise was founded in 2008 by United Spirits and was named after its liquor brand Royal Challenge. The M. Chinnaswamy Stadium serves as the team's home ground.
Before the 2024 Indian Premier League, the team was renamed Royal Challengers Bengaluru (previously Royal Challengers Bangalore). The team finished as runners-up on three occasions in 2009, 2011 and 2016. The Royal Challengers are valued at $69.8 million, making them one of the most valuable IPL franchises. As of 2024, the team is captained by South African cricketer Faf du Plessis.
Royal Challengers Bangalore hold two record for the lowest score in an innings in IPL (49, against the Kolkata Knight Riders).
History
In September 2007, the Board of Control for Cricket in India (BCCI) announced the establishment of the Indian Premier League, a Twenty20 competition to be started in 2008. The teams for the competition, representing 8 different cities of India, including Bangalore, were put up on auction in Mumbai on 20 February 2008. The Bangalore franchise was purchased by Vijay Mallya, who paid US$111.6 million for it. This was the second highest bid for a team, next only to Reliance Industries' bid of US$111.9 million for the Mumbai Indians.
The brand value of Royal Challengers Bangalore was estimated to be ₹595 crore (US$75 million) in 2019, according to a survey conducted by Duff & Phelps.