Mohun Bagan Football Club Pvt. Ltd. in the thrilling football season of 2020-21, appealed for a loan of Rs. 10 Crores. FSDL (Football Sports Development Limited) stepped up to the plate and granted a colossal loan of Rs 10 Crores as well. It was a game-changing move, fueling the club’s passion and dreams.
But wait, there’s more! As the following fiscal year, FY2021-22, approached, something extraordinary happened. Before the due date of repayment, Mohun Bagan Football Club Pvt. Ltd. received an astounding surprise – the entire loan, along with an accrued interest of Rs 1.91 crores, was miraculously waived off by the benevolent company. Cheers of jubilation echoed across the field as this jaw-dropping waiver unfolded, reshaping the financial landscape.
Of course, such monumental generosity couldn’t be kept hidden! The financial statements revealed this benevolent act in the notes section, showing the immense impact it had on FSDL’s losses for the year. A true game-changer in every sense!
But let’s dive deeper into the purpose behind this game-altering loan. The notes disclosed that FSDL’s motive was to bolster Mohun Bagan Football Club Pvt. Ltd.’s business operations, paving the way for future victories and triumphs on the pitch. A brilliant strategic move to elevate the footballing legacy!
Fast forward to 31st March 2022, and brace yourselves for another surprise! With the waiver in place, there remained not a single outstanding loan balance receivable from Mohun Bagan Football Club Pvt. Ltd. It was like the final whistle blowing on any debt drama, leaving a clean slate of financial success.
However, even amidst all the jubilation, there were changes on the playing field. FSDL’s non-current assets experienced a decline during the year, a result of the momentous loan waiver. But fear not, for such bold moves often precede even greater leaps towards the ultimate goal: footballing glory!
Also Read: Alberto Quiles in talks with Mohun Bagan for massive free transfer in 2023
Transfer Frenzy at Mohun Bagan: Powerhouse Signings and Potential Shakeup
Mohun Bagan unleashes a flurry of jaw-dropping transfers, setting the stage for an epic new season!
1. First up, the club welcomes the young and promising Anwar Ali, who, after an impressive loan spell at Goa, is now a permanent fixture in the heart of their defense. The deal, worth a staggering Rs 11 crores over four years, makes him one of the highest-paid players at the club, with an annual salary of two crores. The official announcement is all that’s left to cement this exciting move!
2. But that’s not all, my friends! The attacking lineup gets a formidable boost with the arrival of Scottish striker Jason Cummings, fresh from Central Coast Mariners. A dynamic force on the field, Cummings is all set to leave his mark on Indian football.
3. Meanwhile, prepare to witness the magic of Albanian star Armando Sadiku, who’s already left his mark on the Spanish second-division side FC Cartagena. With an illustrious international record, including goals in UEFA Euro 2016, Sadiku’s addition promises a lethal edge to Mohun Bagan’s forward line.
4. But hold on tight, because the midfield brigade is about to see some serious fireworks! Anirudh Thapa‘s arrival has set new records, becoming the most expensive deal in the history of the ISL, reportedly standing at a staggering Rs 3 crore. Signing a five-year contract, Thapa will dazzle the fans, donning the iconic number 7 jersey left vacant by the departing Joni Kauko.
5. And wait for it – the club’s midfield maestro Sahal Samad joins the ranks, sealing a deal worth Rs 4 crore. With a salary to match, he’ll undoubtedly be among the top earners at Mohun Bagan.
6. But the excitement doesn’t end there! The Spanish head coach, who masterminded the ISL triumph, will continue his reign at Mohun Bagan for another thrilling season. With an eye on AFC Cup glory, Juan Ferrando and his squad are gearing up for an exciting journey ahead.
| Incomings | Outgoings |
|---|---|
| Anirudh Thapa (Chennaiyin FC) | Joni Kauko (rumour) |
| Alberto Quiles (rumour) | Tiri (free) |
| Anwar Ali (FC Goa) | Pritam Kotal (Kerala Blasters) |
| Akash Mishra (rumour) | Hugo Boumous (rumour) |
| Sahal Samad (Kerala Blasters) | |
| Armando Sadiku (FC Cartagena) | |
| Jason Cummings (Central Coast Mariners) |
As the countdown to the new season begins, Mohun Bagan’s stage is set for an exhilarating chapter in football history. With new stars on the horizon and a few twists in the tale, we’re in for a footballing spectacle like never before! So, fasten your seatbelts, and get ready for the ride of a lifetime!
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