3 weeks ago
Indian Super League media rights bid as Jamshedpur FC withdraws
There is a big football league in India called the Indian Super League.
The league wants a company to show its matches on TV or online.
It asked for offers, called bids, on 25 July.
The winning company would pay money for the right to show matches for four years.
The league hopes this money can help clubs that are having money problems.
But soon after asking for offers, a club called Jamshedpur FC decided to leave the league.
The club said it could not earn enough money to keep running.
Jamshedpur FC also said the way the league's business works is not working for clubs.
The league also plans to hire new leaders, like a chief executive.
Everyone is watching to see if selling the TV rights will solve the money troubles.
The Indian Super League announced on 25 July that it was accepting bids for the league's media rights for a four-year cycle.
Jamshedpur FC withdrew from the competition on 31 July.
The club cited its 'inability to generate cash flows for running the club' as the reason for withdrawing.
Jamshedpur FC stated that the current business model was not viable.
More officials are expected to be hired to operate the league once a broadcast partner is in place, after the CEO, COO and league secretary are appointed.
- Who
- The Indian Super League (ISL) and Jamshedpur FC
- What
- The ISL invited bids for its media rights for a four-year cycle, and Jamshedpur FC withdrew from the competition citing financial difficulties.
- Where
- Within the Indian Super League
- When
- Media rights bids were invited on 25 July; Jamshedpur FC withdrew on 31 July.
- Why
- Jamshedpur FC said it could not generate enough cash flow to run the club and that the current business model was not viable.
Key facts
- League
- Indian Super League (ISL)
- Media rights bid invitation
- 25 July
- Media rights cycle
- Four years
- Jamshedpur FC withdrawal
- 31 July
- Withdrawal reason
- Inability to generate cash flows for running the club
- Club's assessment of business model
- Not viable
- Planned appointments
- CEO, COO, league secretary, then more officials once a broadcast partner is in place










