Avram Glazer, co-owner of Manchester United, is reportedly preparing a bid for Royal Challengers Bengaluru in the Indian Premier League, according to sources familiar with the matter. The potential acquisition marks a significant move by the American businessman into India's lucrative cricket market, which has seen increasing interest from international investors.

The move comes as the IPL continues to attract global attention and investment, with franchise valuations reaching record highs. Glazer's interest in the Bengaluru-based team follows a trend of high-profile acquisitions in the league, including recent purchases by American sports executives and private equity firms. The timing suggests Glazer sees value in the growing commercial potential of Indian cricket.

While specific financial details of the bid remain undisclosed, the acquisition would represent a major expansion of Glazer's sports portfolio beyond his ownership of Manchester United. The development highlights the increasing globalization of sports ownership and the IPL's emergence as a premier destination for international investment in cricket. The bid's success could reshape the competitive landscape of the league and potentially influence future ownership patterns in the sport.