KKR follows RCB and RR, explores minority stake sale before IPL 2026: Report

Kolkata Knight Riders are reportedly exploring a minority stake sale ahead of the Indian Premier League (IPL 2026) season. This decision of the three-time champions comes after the current owners of Royal Challengers Bengaluru (RCB) and Rajasthan Royals (RR) have expressed interest in selling stakes for their franchises ahead of 19th edition of the cash-rich league. However, KKR’s idea of sale in no where close to what RCB owners Diageo intend to do.

KKR explores minority stake sale

KKR is currently owned Knight Riders Sports Private Limited. The company is a joint venture formed in 2008 comprising of Shah Rukh Khan’s Red Chillies Entertainment and Jay Mehta & Juhi Chawla’s Mehta Group. SRK owns 55% stake in the team while the Mehta Group has 45% to their name.

As per Money Control, the Mehta Group is looking to sell a minority stake which help them to unlock value. Nomura, an investment bank, has been appointed as sell-side advisor. The report claims that the proposed deal is expected to be launched in early 2026.

MI most valuable IPL franchise

As per Brand Finance Annual Report, MI tops the chart of most valuable franchises followed by Chennai Super Kings (CSK) and Royal Challengers Bengaluru (RCB). The team owned by Mukesh Ambani are valued at $108 million. The least valuable team are one-time champions Rajasthan Royals (RR) at $53 million.

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