Indian Super League – a globally renowned football competition from the Indian sub-continent will be seen in its new avatar this 2017-18 season. Much to the popular demand of a longer Indian Super League and Football Sports Development Limited’s (FSDL) objective of spreading the beautiful game to India’s vast geography, the ISL in its fourth edition will witness an expanded five-month module with number of participating clubs increasing to ten from its original eight founding member city clubs.
Football Sports Development Limited – the joint venture between IMG- Reliance & Star India today announced the addition of two of India’s largest conglomerates Tata Steel Ltd. – a US$ 18.12 billion company and subsidiary of Tata Group (US$ 103.51 billion 2015-16) and Jindal South West (JSW) Group– US$ 9 billion corporate into the fold of Indian Super League.
The inclusion of two new clubs came through the ‘Invitation To Bid’ tender process floated by FSDL last month. An independent panel along with consulting firm EY evaluated the bids to present its report today to the panel, in the presence of All India Football Federation General Secretary Mr Kushal Das.
OFFICIAL ANNOUNCEMENT: Tata Steel and @TheJSWGroup win bids for two new Hero ISL teams! #HeroISL #LetsFootball
Tata Steel Ltd., which has won the bid to participate in ISL from Jamshedpur, Jharkhand, are the pioneering Indian corporate to have provided national football with the perennial pool of young footballers since 1987 through its Jamshedpur-based facility – Tata Football Academy.
JSW Group which owns the successful football club Bengaluru FC through its subsidiary JSW Sports won the right to participate in ISL from Bengaluru city. JSW Group has to its credit established a very successful and professionally run football club in I-League within a short period of 3 years; winning the competition twice including in its debut year.