RCB Mega Deal: Who Is Avram Glazer Behind the $1.8 Billion IPL Bid? Check Net Worth & Business Profile
Business
The 19th season of the Indian Premier League is going to start in March of this year, tentatively. Before the IPL 2026 begins, a lot of buzz can be seen around one of the biggest franchise sales in cricket history.
Royal Challengers Bengaluru (RCB) won its maiden IPL title in 2025, and a second Women’s Premier League (WPL) crown recently and is reportedly up for sale and attracting billion-dollar offers from some of the world’s richest sports owners. Among the most high-profile bidders is Avram Glazer, executive co-chairman of Manchester United.
Who is Avram Glazer? Net Worth & Business Details
Avram Glazer is an American businessman, co-owner of Manchester United football club and a member of the billionaire Glazer family. He has been serving as the executive co-chairman and director of the club since 2012.
He was born in 1960 in Rochester, New York, and is the son of the late Malcolm Glazer, the American entrepreneur who built a vast sports portfolio that includes the NFL’s Tampa Bay Buccaneers and Manchester United. Beyond football, his business interests span multiple sectors; he also owns the Desert Vipers cricket club in the UAE’s ILT20 league.
According to Forbes, Avram Glazer’s net worth as of today is $1.7 billion, and most of his wealth comes from ownership of Manchester United and the Tampa Bay Buccaneers.
The Glazer family is estimated to have a net worth of $10 billion, as per Forbes data. They are also the 44th among America’s richest families.
Why Is RCB Up for Sale & Bidding Details?
RCB’s ownership situation has shifted after its historic success in the IPL 2025 and WPL 2025-2026. Current owners United Spirits Ltd. (Diageo) reportedly initiated the sale process in November 2025 to capitalise on the franchise’s peak valuation after breaking its long title drought. Additionally, RCB has a massive commercial appeal because of its big fan base, star players like Virat Kohli and great sponsorship deals.
According to reports, nine non-binding bids ranging from $1 billion to $1.8 billion have been submitted for RCB. The potential sale could be completed by mid-March 2026, just before the beginning of the IPL season, subject to board approvals.
Avram Glazer has submitted a massive $1.8 billion bid, around Rs. 16,300 crore, through his investment vehicle and is one of the highest offers ever made for an IPL franchise.
Glazer’s involvement in RCB’s sale comes through his investment firm Lancer Capital, which is leading the bid for the franchise.
Other investors and billionaire groups, including Adar Poonawalla, Dr Ranjan Pai’s consortium, EQT Private Capital, Premji Invest, and Capri Global, are also in the race.
If Glazer’s bid or a rival offer succeeds, it could be one of the biggest foreign investments in Indian sports ownership history.
