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AIFF introduces new Triple-tier bidding system for new Hero I-League clubs

REMYA BABU S by REMYA BABU S
May 2, 2023
in Finance, Football, Indian football, News, Sports
0
Triple-tier system for new Hero I-League clubs

Triple-tier system for new Hero I-League clubs. Image Credits : source via Twitter

Triple-tier system for new Hero I-League clubs: The All India Football Federation (AIFF) has introduced a triple-tier bidding system for new Hero I-League clubs. The League Committee of the AIFF recently met via video conferencing and recommended that bids be invited in a triple-tier system to provide opportunities for aspiring clubs and investors from various socio-economic backgrounds. The new system consists of three tiers, with cities from different tiers being eligible to bid for a place in the I-League.

AIFF League Committee Meets Discusses I-League Bidding Criteria with Triple-tier System #aiff #allindiafootballfederation #ILeague https://t.co/3WAggWPWythttps://t.co/z1qzsjsnkT

— DellyRanks (@dellyranksindia) May 2, 2023

Here’s what you need to know about the new triple-tier system: Triple-tier system for new Hero I-League clubs

Tier 1:

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  • Cities: New Delhi, Bengaluru, Pune, Gurugram, Chennai, Mumbai, Ahmedabad, Guwahati, and Noida.
  • Minimum bid value: 5 Crore
  • Minimum net worth: 100 Crore
  • Relegation immunity: 2 seasons

Tier 2:

  • Cities: Ranchi, Itanagar, Jalandhar, Ludhiana, Phagwara, Coimbatore, Manjeri, Thiruvananthapuram, Bhopal, and Shillong.
  • Minimum bid value: 2.5 Crore
  • Minimum net worth: 50 Crore
  • Participation fee: 50%
  • Relegation immunity: 2 seasons

Tier 3:

  • Entities from any village with a stadium, training facilities, which are not more than 200 km from any airport.
  • Minimum bid value: 1 Crore
  • Minimum net worth: 40 Crore
  • Participation fee: 50%
  • Relegation immunity: 1 season

I-League: AIFF keen to add new teams, introduces triple-tier bid system for direct entry https://t.co/EpE1I55bTR

— TOI Goa (@TOIGoaNews) May 1, 2023

Triple-tier system for new Hero I-League clubs: AIFF introduces new bidding structure

The teams with the higher bid value will be given preference of selection, and no subsidy will be provided to teams that enter the I-League, for their respective first two seasons. All teams that come through with bids will have to pay 50% of their respective bid values as participation fee till the year the team plays in the league, for a maximum of three years. Winning bids from Tier 1 and 2 cities will have relegation immunity for two seasons, while the same from Tier 3 cities will be for one season.

Breaking news! "The league committee recommends a new triple-tier system to give a chance to aspiring clubs and investors of diverse backgrounds!"

+#IndianFootball #ILeague #KRIDA pic.twitter.com/QVzi3rnudw

— KRIDA (@KRIDAcom) May 1, 2023

Triple-tier system for new Hero I-League clubs: AIFF introduces new bidding structure

Bidders from Tier 1 cities must have a minimum net worth of Rs 100 crore, from Tier 2 towns must have a minimum net worth of Rs 50 crore, while the same for Tier 3 bidders will be Rs 40 crore. The bidders will be evaluated on the supporting documents that they submit, based on which a number of criteria points will be awarded to them.

Members of the league committee has recommend that bids be invited in a triple-tier system in order to provide opportunities to aspiring clubs and/or investors from various socio-economic backdrops.

New Delhi, Bengaluru, Pune, Gurugram, Chennai, Mumbai, Ahmedabad, Guwahati, and… pic.twitter.com/zlhWrkWL97

— IFTWC – Indian Football (@IFTWC) May 1, 2023

Triple-tier system for new Hero I-League clubs: AIFF introduces new bidding structure

Triple-tier system for new Hero I-League clubs: The AIFF is looking to expand the league system to more teams, and provide more opportunities to invest in Indian Football. The new triple-tier system is a step towards achieving that goal. The League Committee aims to have 14 teams in the Hero I-League by 2026, and the new bidding structure will help them achieve this. The I-League might become an intriguing option for corporates looking to get into the top division of Indian football. The new system provides an opportunity for new bidders to invest in Indian football and create a robust league that will be able to meet the expectations of all fans and stakeholders.

Read more : ISL Clubs Play Record Number of Matches This Season: A Sign of Growing Football in India

Tags: AIFFHero I-Leaguenew bidding structureTriple-tier system
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