DFB, DFL Want Greater Share Of Revenue Empty Seats Hide Crowds At NRL Specialist: NRL Needs Injury Protocols F1 Ruling Body Pursuing Cost Cap F1 CEO: Jaypee Broke Contract Obligations League Notes DEL Sets New Attendance Record BCCI To Take More Time On Venue Plans League Notes F1 Prepares For Season Of Uncertainty
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/October 22, 2013/Leagues and Governing Bodies
IMG-Reliance, Star India Team To Launch Indian Super League Football Championship
Published October 22, 2013
BROADCAST DEAL: In Mumbai, Rao also reported IMG-Reliance has "entered into a multi-million dollar deal with Star India to become equity partners" in a joint venture for the next 10 years to run the proposed football league. Under the agreement, Star will hold a 30% stake in the joint venture with IMG-Reliance to "broadcast and promote" the football league in the country. The IMG-R and Star India's joint venture has decided to distribute 100% of the TV revenue to "its franchise owners in the tournament's first year" (TIMES OF INDIA 10/21). In London, Roger Blitz wrote that the Star Indian investment "is worth between RS15B-RS over 10 years," citing Indian sources. Unlike cricket's IPL, the ISL "is largely a top-down approach to growing football in the country." IMG's Jeff Slack said, "Indian just doesn't have a grass-roots program. If we did that, it's not going to inspire many kids" (FINANCIAL TIMES, 10/21).