IPL an asset class? Karan Taurani on what RCB price tag of $1.8 billion means for Indian cricket and investors

IPL an asset class? Karan Taurani on what RCB price tag of $1.8 billion means for Indian cricket and investors

United Spirits' $1.8 billion sale of Royal Challengers Bangalore has sparked debate on IPL franchise valuations, nearly doubling analyst expectations. While scarcity and strong underlying metrics like 20-25% revenue CAGR and 35% EBITDA margins support high v…

United Spirits has sold Royal Challengers Bangalore at a valuation of $1.8 billion, nearly double what most analysts had pencilled in. The deal has set off a fresh round of questions about how IPL fr… [+4393 chars]

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IPL an asset class? Karan Taurani on what RCB price tag of $1.8 billion means for Indian cricket and investors - FHMnews