
National · 6 updates
Tata Steel on Friday approved the transfer of its entire 100% stake in Jamshedpur Football and Sporting Private Limited (JFSPL), the company behind Jamshedpur FC, to Churchill Brothers Sports Club Private Limited for a nominal consideration of ₹100.The company holds 4.08 crore shares in JFSPL. Tata Steel and Churchill Brothers have signed a Share Purchase Agreement, with the transaction subject to necessary approvals from the All India Football Federation (AIFF) and other conditions.The deal includes the transfer of Jamshedpur FC's Indian Super League (ISL) sporting licence, along with contrac
Tata Steel has officially sanctioned the sale of its entire ownership stake in Jamshedpur FC for a minimal price. The agreement includes the transfer of the ISL sporting rights to Churchill Brothers Sports Club, as well as the contracts for players and coaching staff, which will move to the Goa-based club starting September 2026. This strategic decision allows Tata Steel to focus on enhancing grassroots football initiatives.
Tata Steel has approved the transfer of its entire 100% holding in JFSPL.