The RCB franchise looks all set to be sold before the start of the 2026 edition of the Indian Premier League. In a letter to the Bombay Stock Exchange, United Spirits Limited (USL) – the Indian arm for Diageo PLC – has stated in line with SEBI disclosure obligations that United Spirits Limited is initiating a strategic review of its investments in Royal Challengers Sports Pvt Limited (RCSPL), a wholly owned subsidiary of the company.