Harsha Bhogle hails Indian cricket fans as 'Most important entity in world sport' after RCB, RR sales worth $3.4 billion

In a stunning development shaking the cricket world, Royal Challengers Bengaluru (RCB) has finalised its sale at a valuation of 1.78 billion USD, closely following Rajasthan Royals' (RR) deal worth 1.63 billion USD. Veteran commentator Harsha Bhogle took to social media to celebrate the milestone, calling the Indian cricket fan one of the most powerful forces in global sports.

Harsha Bhogle shared the news on X, writing, “And RCB has finalised a sale with a valuation of 1.78 billion USD to a consortium that includes the Birlas, Times of India, Blitzer, and Blackstone. It isn't too far above what the Rajasthan Royals got, but then this is a peculiar ecosystem where the income and expenses of a franchise are almost identical. So, in the space of a few hours, the IPL has seen deals worth 3.4 billion USD. The IPL is among the big leagues of the world, and the Indian cricket fan is among the most important entities in world sport.”