Di­a­geo deal spells end of Vi­jay Mallya’s sport­ing in­ter­ests

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - NEWS - Kalyan Subra­mani kalyan.subra­mani@hin­dus­tan­times.com

With the sign­ing of the deal that ter­mi­nated Vi­jay Mallya’s chair­man­ship in United Spir­its ear­lier this week, the King of Good Times has also kissed good­bye to two of his most pas­sion­ate sport­ing in­ter­ests – cricket and F1 rac­ing.

The $75 mil­lion (Rs 515 crore) golden hand­shake Mallya signed with the UK-based liquor ma­jor Di­a­geo ef­fec­tively ter­mi­nated his con­trol over In­dian Premier League cricket team Royal Chal­lengers Ban­ga­lore ( RCB) and Sa­hara Force In­dia F1 rac- ing team.

The end of Mallya’s in­ter­est in the two teams, where he served as the face with all his heart, came as a sur­real foot­note in his state­ment to the me­dia where he an­nounced his res­ig­na­tion as chair­man of United Spir­its Ltd (USL).


Vi­jay Mallya: Los­ing con­trol

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