Mohun Bagan may shift into ‘Private Limited’ mode for smoothening the entrance to ISL
After a prolonged period of dilemma and ‘ifs and buts’, the Kolkata giants East Bengal and Mohun Bagan finally settled in to play in I-League this season.
Inspite of AIFF keeping the top-flight league status of I-League intact, the fans of these two clubs are not at all happy for not featuring in the cash-rich and much-hyped Indian Super League and instead featuring in I-League again. They have accused the mal-management of the whole scenario by their club officials as the prime reason behind their absence from the Indian Super League.
Although the club officials have maintained their silence publicly on this issue, they are doing all sorts of plans so that they can be a part of the brainchild of IMG-R in the upcoming seasons.
Mohun Bagan Athletic Club, according to sources may even move into Private Limited mode for smoothening the path of entering ISL in collaboration with a major sponsor. Reliance JIO is widely rumoured as being in talks with the Bagan officials who are without any main sponsor at the moment.
The news of Bagan officials having talks with JIO was reported a month ago by LNTUP but the connection has gone dim since. As it seems, the talks between the two parties have re-surfaced and if the clauses put forth by JIO are to be agreed then Bagan will have to shift into ‘Pvt. Ltd.’ mode.
The football department of Mohun Bagan previously had partnership with United Breweries group and represented as ‘McDowell Mohun Bagan’. It was ‘United Mohun Bagan Pvt. Ltd.’ back then in collaboration with UB group.
But that was being diluted after the two parted ways. If the football department of Mohun Bagan AC establishes partnership with a new agency(eg. JIO) then there will be a new Private Limited named ‘Mohun Bagan FC Pvt. Ltd.’ and the football department will be totally independent of the other spors departments of the club.
If sources are to be believed then the share of the footballing department of the club which will remain in possession of the club officials will mainly be owned by four officials. They will have the intellectual and other rights in their control.
Although the above situation will only arise if the club strikes a partnership deal with a major concern for acquiring entrance to ISL and the club may have to mould itself in corporate touch in near future in that case to fulfill the demands of the sponsor and club-licensing criteria of AFC.
Although the chances of them taking part in ISL next season is slim, but there will be whole-hearted effort from the Kolkata giants in the season after that when the clauses and contracts of ISL and the Franchises are scheduled to undergo a re-schuffle.