New Delhi: The Executive Committee of the All India Football Federation (AIFF) has decided to approach him. Three long-term bids for commercial rights to club competitions Auditing firm KPMG to “assess feasibility and critical aspects”. The decision came a day later Indian Super League (ISL) clubs urged the governing body against taking a “binding decision” on the 15+5 rights cycle.AIFF received three bids: Fancode and Genius Sports (for ISL and Federation Cup) and Capri Sports (for Indian Women’s League and IWL 2). Genius Sports bid Rs 64.39 crore (approx Rs 2129 crore for 20 years) while Fan Code bid Rs 36 crore (approx Rs 1190 crore) per year. Capri Sports is the sole bidder for Rs 150 crore for women’s football over 20 years.
“The three bids received for the respective commercial rights – FanCode and Genius Sports (for ISL and Federation Cup), and Capri Sports (for IWL and IWL2) – were placed before the Executive Committee for processing,” AIFF said in a statement.“After detailed deliberation, it was decided that KPMG will prepare a comprehensive comparison table to assess the feasibility and key aspects of the bids,” the statement continued.During the bid opening process on March 27, the clubs cited that there was insufficient time to go through the Request for Quotation (RFQ) document. The key document was shared with the clubs just 12 hours before the bidding was opened.Clubs were also not happy with the proposed 60-30-10 revenue model between commercial partners and the federation. He had called for a separate offer from the bidders to evaluate and understand their approach.During the AIFF Executive Committee meeting, it was clarified that the process would be followed as requested by the clubs.“To ensure greater clarity and transparency in the process, the clubs associated with the competitions will also hold meetings with the respective bidders to address any queries they may have,” the AIFF said.“After the comparative analysis is prepared, the bidders will be requested to submit the term sheets within a specified timeline.“Subsequently the matter will be placed before the AIFF General Body for consideration as per the provisions of the AIFF Constitution”.
