New Delhi: The All India Football Federation (AIFF) has said it is studying it. Organizational and commercialization proposal 13 of 14 shared. Indian Super League (ISL) Club. All the clubs, except East Bengal, submitted the proposal on Wednesday which would retain commercialization responsibilities with the clubs and not hand them over to any third party.“We are studying it and need more details from the clubs and will proceed as per the Supreme Court. [Supreme Court]AIFF Constitution, RFP [Request for Proposal]our EC [Executive Committee] and general body instructions.
AIFF Deputy Secretary General M Satyanarayan told TimesofIndia.com, “AIFF will work closely with clubs and commercial partners to transform the ISL into a strong global league.”On Wednesday, in an email sent by Bengaluru FC’s director of football Darren Caldera, addressing the AIFF and the sports ministry, the clubs proposed sharing responsibilities between the national body, 14 clubs, while UK-based Genius Sports comes in as the data and technology partner.before that, Genius Sports had bid Rs 64 crore ($7 million) per year.Which comes to Rs 2129 crores in 20 years after compounding annually. The proposal is to be discussed for approval at the AIFF SGM on May 23.Also read: ‘Many clubs will be closed if the deadlock is not resolved’ However, before that, on May 22, ISL club owners are scheduled to meet AIFF president Kalyan Chaubey, where the clubs’ proposal is expected to be discussed.Under the proposal, the clubs proposed that the AIFF would have 10% ownership in an entity that would run the ISL and the remaining 90% would be held by the clubs. The clubs also agreed to pay Rs 12.8 crore to the AIFF as per Genius Sports’ economic model.In terms of governance, the clubs proposed that the league be overseen by them and the AIFF, without the presence of a commercial partner. Clubs will retain veto rights for commercial, structural, and operational matters and with the AIFF on matters relating to integrity, disciplinary, regulatory, and sports governance.Clubs recognize Genius Sports’ expertise in commercializing data and technology matters and are keen to bring it into the future. But, the clubs insist that with the reduction in their framework, the $7 million payment will need to be reduced.
