Indian Football Hit by 'Global Embarrassment' as CFG Abandons Mumbai City
The world's largest multiclub network, the City Football Group (CFG), has suddenly and decisively pulled its plug on India football after six years of investment. This sudden departure from the Indian Super League (ISL) has left fans stunned and wondering what went wrong.
In a move that comes as no surprise to most, CFG sold off 65% of its shares in Mumbai City FC, leaving its stake reduced to just 35%. The decision was reportedly made after a comprehensive review that concluded the league's future was increasingly uncertain. However, many say that this underestimates the scale of the crisis facing Indian football.
The ISL season is scheduled to kick off on February 14, but with no new agreement or commercial partner in place, it remains uncertain whether games will actually be played. Most fans had assumed a short delay would suffice, but here we are six months later and still waiting for football.
The lack of progress has taken a toll on players, coaches, referees, and even sponsors. In desperation, players have publicly called for Fifa intervention to help resolve the crisis. Bollywood actor John Abraham, who owns Northeast United FC, was among those to sound the alarm, saying that the situation is "shameful."
The exit of CFG from Indian football serves as a stark indictment of the administration overseeing the game. Ravi Puskur, owner of FC Goa, has described the move as a "blot on our copybook," emphasizing that it highlights systemic shortcomings in governing the sport.
Suresh Khatri, a Mumbai City fan, expressed disappointment but also acknowledged that no one blamed CFG for pulling out. With no games to look forward to, fans are left venting their frustrations without the usual catharsis of live football matches.
The impact of CFG's departure extends beyond the financial aspect, as it also represents a loss of global expertise and institutional knowledge. The connections with top clubs like Manchester City and Yokohama F Marinos helped attract foreign talent and coaches to Indian football.
Shaji Prabhakaran, former general secretary of the All India Football Federation (AIFF), noted that CFG's brand recognition was an asset for Mumbai City FC. "You lose global capacity, not just money β it's a brand loss, part of a network," he warned, highlighting the potential long-term consequences of this move.
As other investors consider joining Indian football, CFG's withdrawal sends a chilling message: if they couldn't stay in India despite the game's promise, what chance do others have? Prabhakaran fears that this may prompt owners to reassess their investments, leading to further instability in the sport.
The world's largest multiclub network, the City Football Group (CFG), has suddenly and decisively pulled its plug on India football after six years of investment. This sudden departure from the Indian Super League (ISL) has left fans stunned and wondering what went wrong.
In a move that comes as no surprise to most, CFG sold off 65% of its shares in Mumbai City FC, leaving its stake reduced to just 35%. The decision was reportedly made after a comprehensive review that concluded the league's future was increasingly uncertain. However, many say that this underestimates the scale of the crisis facing Indian football.
The ISL season is scheduled to kick off on February 14, but with no new agreement or commercial partner in place, it remains uncertain whether games will actually be played. Most fans had assumed a short delay would suffice, but here we are six months later and still waiting for football.
The lack of progress has taken a toll on players, coaches, referees, and even sponsors. In desperation, players have publicly called for Fifa intervention to help resolve the crisis. Bollywood actor John Abraham, who owns Northeast United FC, was among those to sound the alarm, saying that the situation is "shameful."
The exit of CFG from Indian football serves as a stark indictment of the administration overseeing the game. Ravi Puskur, owner of FC Goa, has described the move as a "blot on our copybook," emphasizing that it highlights systemic shortcomings in governing the sport.
Suresh Khatri, a Mumbai City fan, expressed disappointment but also acknowledged that no one blamed CFG for pulling out. With no games to look forward to, fans are left venting their frustrations without the usual catharsis of live football matches.
The impact of CFG's departure extends beyond the financial aspect, as it also represents a loss of global expertise and institutional knowledge. The connections with top clubs like Manchester City and Yokohama F Marinos helped attract foreign talent and coaches to Indian football.
Shaji Prabhakaran, former general secretary of the All India Football Federation (AIFF), noted that CFG's brand recognition was an asset for Mumbai City FC. "You lose global capacity, not just money β it's a brand loss, part of a network," he warned, highlighting the potential long-term consequences of this move.
As other investors consider joining Indian football, CFG's withdrawal sends a chilling message: if they couldn't stay in India despite the game's promise, what chance do others have? Prabhakaran fears that this may prompt owners to reassess their investments, leading to further instability in the sport.