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Tata Steel is selling its entire stake in Jamshedpur FC's operating company, JFSPL, to Churchill Brothers Sports Club for a nominal ₹100, exiting its ownership of the footballing subsidiary.
Financial uncertainty plagues Indian club football, with Jamshedpur FC's withdrawal amid a new club-led model and rising fees highlighting systemic sustainability issues and investor concerns.
Jamshedpur FC will withdraw from the ISL in 2026-27 due to financial concerns and unpaid fees, ending their nine-year tenure.
Nihal Sudheesh and Vibin Mohanan scored in the first half to give Kerala Blasters a 2-0 lead against Jamshedpur FC in the Indian Super League.
Mohun Bagan Super Giant will take on Bengaluru FC in the ISL final on April 12 in Kolkata.
With a single point earned in the match, Blasters are now at ninth in the points table with 25 points from 22 games.
The Highlanders, who were last in the table in 2022-23, finished seventh with 26 points from 22 matches.
Jamshedpur FC have crashed out of the playoffs race this season.
Bengaluru FC and Odisha FC split points after a goalless draw in the early kick-off.
The AIFF disciplinary committee found a March 8 complaint to be valid. The match had ended 1-1.
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