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Did DK Shivakumar Buy RCB Franchise? Karnataka Dy CM Says, ‘Not a Mad Man'

  • Karnataka Deputy Chief Minister DK Shivakumar denied rumors about buying the Royal Challengers Bengaluru team, stating he has no interest in the IPL franchise and called the rumors baseless.
  • United Spirits clarified that it is not pursuing discussions about selling stakes in the Royal Challengers Bengaluru, emphasizing that media reports are speculative.
  • Shivakumar's comments followed a tragic stampede at an RCB event that resulted in 11 deaths, prompting discussions on crowd management policies in Karnataka.
  • Lalit Modi described the stampede as a case of gross mismanagement, expressing condolences to the victims' families and emphasizing the need for better planning for such events.
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Moneycontrol broke the news in India on Tuesday, June 10, 2025.
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