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Showing posts from June, 2020

Finance and football: An ISL and Chennaiyin FC view

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At a time when we have all been away from the normal life and for sports fans who have been starved of any sporting events happening across the world, it is a right time to learn some behind the scenes of our beloved sports teams, have to narrow it to football for now, there is a little bit of cricketing stuff too, but for now let's call it the breakdown of Indian football clubs, the funding, the revenue, the expenditure and achieving sustainability. As I say Indian football clubs, we are mainly going to see it revolve around the Indian Super League - the young, fancy and soon to be the Tier 1 of Indian football system. Because not only very few care about the soon-to-be Tier 2 I-League clubs anymore but the ISL is on a whole different level to the I-League, it demands higher things, the best example would be the case of Bengaluru FC, the club had expenses shot up from Rs. 15 crore while in I-League to around Rs. 50 crore in the ISL, that's the differential ISL demands