Hyderabad FC have confirmed the arrival of Jindal India as their new owners on their official social media handles. The takeover was completed before the new ISL season began, and the new owners had to pay off past dues before they could bring in new players.
They have now made payments to uplift the transfer bans in place by FIFA. And over the past few weeks, they have enabled the club to build a squad including three new foreign signings so far.
Hyderabad FC confirm Jindal India group arrival
💥 Hyderabad FC 🤝 Jindal India 💥
— Hyderabad FC (@HydFCOfficial) September 25, 2024
We're proud to welcome Jindal India on board as our Principal Sponsor 💪
Only exciting times ahead for the Yellow and Black 👊 #HyderabadFC #JindalIndia #TheNawabs 💛🖤 pic.twitter.com/glJ4kCDuDI
As the principal sponsor of the club, the company’s logo will be visible on the back of the team’s shirt. It remains to be seen if the new partnership sees them come up with a new kit sponsor after the departure of Hummel.
Moreover, they are yet to announce a front of shirt sponsor for the 24-25 season, which could also help bring in more revenue. As things stand, the Nizams are yet to win any of their opening games, having lost to Bengaluru FC and Punjab FC.
But as the squad gets settled, there is optimism that things could change in due course.
