HomeNewsISL Suffered A Loss Of Rs.100 Crore In First Edition: AIFF

ISL Suffered A Loss Of Rs.100 Crore In First Edition: AIFF

Published on:

islThe high-profile Indian Super League (ISL) incurred losses of around Rs.100 crore in its inaugural season, the All India Football Federation (AIFF) said on Monday.

“The franchises lost around Rs.30-35 crore in the first year and when you take into account everything including the production costs, the organisers lost around Rs.100 crore in total,” AIFF general secretary Kushal Das told the media.

Das said the AIFF could give a thought to helping state associations with funds generated from the ISL, just as the Board of Control for Cricket in India (BCCI) helps state associations with finances generated from the Indian Premier League (IPL), once the league turns profitable.

“Right now, every ISL franchise is losing money. So there’s no money in the system. Only when this thing turns into a profitable venture, we can look at it,” he said.

After India lost to Guam in the 2018 World Cup qualifiers, national coach Stephen Constantine said PIOs (Persons of Indian Origin) would be of great help to the team, if the government allowed them to play.

Also Read: Indian Super League Auction: Chhetri, Lyndoh In 1 Crore Bid

“We are seeking some clarification with FIFA if with the OCI (Overseas Citizenship of India) card, a player can play for the national team, but I think the answer is no, because you need a passport to play for the country. Without a passport, it is very difficult. But we have asked for clarification,” Das said at a press conference here.

Asked what would be the future of the 72 players who were not bought by any ISL franchise in the recently concluded draft for the 2015 season, Das said: “This is a process which is up to the clubs, because they decide to take the players, anyways this players can play the I-League later.”

“In the ISL, the clubs have a particular philosophy and players are taken according to what the coaches and the management want.”

Team FootTheBall
Team FootTheBall brings you all the latest updates from the world of Football and is managed by our team of journalists

also read