Tendulkar, Ganguly among Indian soccer league owners

MUMBAI Sun Apr 13, 2014 4:53pm IST

Sachin Tendulkar looks on after kicking a soccer ball during a practice session ahead of an ICC Cricket World Cup quarter-final match against Australia in Ahmedabad March 23, 2011. REUTERS/Vivek Prakash/Files

Sachin Tendulkar looks on after kicking a soccer ball during a practice session ahead of an ICC Cricket World Cup quarter-final match against Australia in Ahmedabad March 23, 2011.

Credit: Reuters/Vivek Prakash/Files

Related Topics

MUMBAI (Reuters) - Leading Spanish club Atletico Madrid and former cricketers Sachin Tendulkar and Sourav Ganguly are among the owners of eight franchises of a new Indian soccer league set to kick off later this year, organisers said on Sunday.

La Liga leaders Atletico and former India captain Ganguly were part of the consortium that won the bid for the Kolkata team in the Indian Super League (ISL), proposed to start in mid-September and run till the end of November.

The ISL is bank-rolled by Reliance Industries, controlled by India's richest man Mukesh Ambani, Rupert Murdoch's Star India and sports management group IMG.

"I am very excited to have won the Kolkata Franchise of the ISL and being the first international team to be directly owning a club in India we along with our Indian Partners and IMG-Reliance aim to revolutionise football in the country," Miguel Angel Gil Marin, the owner of Atletico, said in a statement.

Former batting great Tendulkar bagged the Kochi team with PVP Ventures, a company which has interests in real estate, media and also finances film projects.

"I will always remain a sportsman at heart who is keen to positively impact the sporting fabric of the nation," Tendulkar, who retired from cricket last November, said.

"The Indian Super League presents a great opportunity to develop a platform for the youngsters to learn and enhance their talent to develop into outstanding players.

"With the Kochi club, we will strive to 'score our goals' and play a part in developing the game of football across the country."

The league, styled on cricket's cash-rich Indian Premier League and backed by the country's soccer governing body (AIFF), will also have a fair presence of the film industry.

Leading Bollywood actors Salman Khan, Ranbir Kapoor and John Abraham are co-owners of the Pune, Mumbai and Guwahati franchises respectively.

Chennai-based Sun Group, which also owns the IPL's Hyderabad franchise, bagged the Bangalore team, cable TV distribution company DEN Networks won the bid for Delhi while the Goa team went to a consortium including Indian conglomerate Videocon Industries.

Local media have reported that the ISL will see some big-name international players and coaches take the field though the organisers were yet to announce any signings.

(Reporting by Sudipto Ganguly,; editing by Pritha Sarkar)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Adani Project

Adani Project

Australia approves Adani's $16 bln Carmichael coal project  Full Article 

India-U.S. Talks

India-U.S. Talks

Kerry to woo Modi's India, but quick progress unlikely  Full Article 

Paring Debt

Paring Debt

Jaiprakash to sell hydro plants to Reliance Power  Full Article 

Nifty Falls

Nifty Falls

The broader index hits lowest in nearly a week on profit taking  Full Article 

Mideast Conflict

Mideast Conflict

U.N. Security Council calls for humanitarian ceasefire in Gaza  Full Article 

Market Eye

Market Eye

Foreign investors prefer Indian cyclicals, utilities - Macquarie  Full Article 

Debt Investment

Debt Investment

India's FII debt limit hike credit-positive, says Moody's  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage