Royal Challengers Bangalore
The Royal Challengers Bangalore (often abbreviated as RCB) are a franchise cricket team based in Bangalore, Karnataka that plays in the Indian Premier League (IPL). One of the founding eight teams in the IPL, the team has made two final appearances in the IPL, losing both (in 2009 to the Deccan Chargers and in 2011 to the Chennai Super Kings). The team also finished runners-up in the 2011 CLT20. The team was supposed to play in the 2015 CLT20, however, the tournament was shelved as of July 2015. The home ground of the Royal Challengers is the M. Chinnaswamy Stadium in Bangalore.
The team is currently captained by Virat Kohli and coached by Daniel Vettori. The team is owned by Vijay Mallya, through his flagship firm UB Group. The director of the team is Sidhartha Mallya.
Franchise history
Indian Premier League is a cricket tournament organised by the Board of Control for Cricket in India (BCCI) and backed by the International Cricket Council (ICC). For the inaugural tournament held in April–June 2008, the BCCI had finalised a list of 8 teams who will be participating in the tournament. The teams representing 8 different cities of India, including Bangalore, were put up on auction in Mumbai on 20 February 2009 and the Bangalore team was won by Vijay Mallya, who paid US$111.6 million for it. This was the second highest bid for a team in the IPL, next only to Mukesh Ambani's Reliance Industries' bid of $111.9 million for the Mumbai team.