Vijay Mallya to sell Royal Challengers Bangalore stake?

Updated: 10 July 2012 16:19 IST

Liquor baron Vijay Mallya might be forced to sell his stake in the Royal Challengers Bangalore IPL franchise to reduce the debt in his crisis-ridden Kingfisher Airlines.

New Delhi:

Liquor baron Vijay Mallya might be forced to sell his stake in the Royal Challengers Bangalore IPL franchise to reduce the debt in his crisis-ridden Kingfisher Airlines.

According to some reports, total debt is of around Rs 7,500 crore.

Mallya had bought the Royals Challengers Bangalore for $111.6 million in 2008. His team is yet to win an IPL title, although they have reached the final twice.

Topics : Cricket Kevin Pietersen Royal Challengers Bangalore Kolkata Knight Riders Sunrisers Hyderabad Deccan Chargers Pune Warriors India Kings XI Punjab Kochi Tuskers Kerala
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