Indian Super League (ISL) has revealed the winners of their bidding process – JSW Group and Tata Steel.
The two teams from these corporations will be a part of the ISL 2017-18 season; reported to begin from November later this year. Bengaluru FC will enter the realm of the ISL for the JSW Group. Tata Steel will field their team from the city of Jamshedpur.
An independent panel conducted the tender process, which commenced from May 12, 2017 through a?Invitation To Bida (ITB); and evaluated the bids to maintain an open and transparent process.
The bids invited from prospective team owners in respect of 10-cities ie, Ahmedabad, Bengaluru, Cuttack; Durgapur, Hyderabad, Jamshedpur, Kolkata, Ranchi, Siliguri and Thiruvananthapuram.
As per the timelines declared in ITB and to maintain the transparency in the process; the organisers closed the window for bid submission on last day of 25th May 2017.
Kolkata Clubs’ ISL Push Comes to an end
East Bengal and Mohun Bagan picked up bids but refused to submit them because they did not want to pay the Rs 15 crore franchise fee. They did not want to temporarily leave their home city of Kolkata, as demanded by the ITB regulations. This clash was due to the presence of Atletico De Kolkata, the two-time champions Aalready in the ISL.
The I-League and the ISL are set to begin simultaneously in November after the FIFA U-17 World Cup concludes. Praful Patel has allegedly promised a Rs 10 crore promotional budget for I-League 2017-18; and assured the clubs that the top division league will have high quality HD and SD telecast on the Star Sports Network just like ISL.
New Entrants of ISL Speak
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Speaking on the occasion, Mr Sunil Bhaskaran, Vice President Corporate Services, Tata Steel and Chairman TFA, said; a?This is a momentous occasion for Tata Steel, a pioneer in the development of sports in the country, especially football. Our entry into the coveted Indian Super League reinforces our commitment to provide a fillip to the development of football in the country. We are extremely excited that we won the bid for our hometown Jamshedpur; and will provide the best of facilities for football to prosper in the eastern part of our countrya?.
Parth Jindal, CEO, JSW Bangaluru FC attributed JSW Groupas decision to bid for an ISL team to the a?interest of long-term future of Indian footballa?.
Mr Jindal said, a?Weare glad that our bid to be part of the ISL has been accepted. A lot of time and thought has gone into our decision of wanting to be part of the Indian Super League. The biggest factor has been the interest of the long-term future of Indian football. A longer league is the right road ahead.a?
Mr. Kushal Das, General Secretary, AIFF expressed satisfaction on the bid evaluation process, saying, a?The interest shown by Indiaas two large corporates to be part of ISL and Indian footballas growth story is an indication of the growing popularity of the sport in the country. Their contribution to Indian football is immense and will maintain the high standards in ISL.a?
