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

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.

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

Tier 1:

  • 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

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.

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.

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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More like this

AIFF Terminates Jaydeep Basu's Contract Amid Allegations of Financial Mismanagement

AIFF Terminates Jaydeep Basu’s Contract Amid Allegations of Financial...

The All India Football Federation (AIFF) has recently terminated the contract of its Director of Communication and...
Supreme Court Schedules Final Hearing on AIFF Constitution: A Pivotal Moment for Indian Football

Supreme Court Schedules Final Hearing on AIFF Constitution: A...

The Supreme Court of India has officially set the final hearing date for the long-pending All India...
Subrata Paul Takes Charge as Director of National Teams: AIFF Focuses on Youth Development and Grassroots Football

Subrata Paul Takes Charge as Director of National Teams:...

In a pivotal move aimed at revamping Indian football, the All India Football Federation (AIFF) Technical Committee...
Shillong Gears Up to Host India’s Asian Cup Qualifier Against Bangladesh

Shillong Gears Up to Host India’s Asian Cup Qualifiers...

Shillong is set to host a high-stakes international football match as India takes on Bangladesh in the...
AIFF Aims to Boost Super Cup's Prestige by Introducing Knockout Format with Continental Rewards for Champions

AIFF Aims to Boost Super Cup’s Prestige by Introducing...

The All India Football Federation (AIFF) has announced a major change to the format of the season-ending...

LATEST NEWS

Best Features of iOS 18.4 in Apple’s Latest Update

Apple’s iOS 18.4 update is finally here, and it’s packed with meaningful upgrades across core apps and system functions — including the long-awaited expansion...

Virat Kohli Achieves 13,000 T20 Runs Milestone with a Stunning 29-Ball Fifty Against MI

On a balmy evening at Mumbai’s Wankhede Stadium, as the crowd roared with anticipation, Virat Kohli etched his name into the annals of cricket...

Huawei Watch Fit 3 Launched in India from ₹14,999

Huawei has introduced its Watch Fit 3 smartwatch in India, adding to its range of wearables in the market. The watch is priced at...

The Ultimate Cleaning Companion: Portronics MopCop4 Transforms How Indians Clean Their Homes and Cars

Portronics MopCop4 Launched: Have you ever found yourself struggling to clean those hard-to-reach corners under your sofa? Or perhaps you’ve experienced the frustration of...

Featured