prospective ISL bidders opposed promotion and drop, says report
Kolkata, Nov. 10 -- Opposition to promotion and relegation and minority representation of the commercial partner in the governing council of the Indian Super League (ISL) are the major reasons why no bids were received for the top league.
All four prospective bidders, who between them asked 234 questions to AIFF on the Request For Proposal (RFQ), mentioned representation in the council as why they did not bid, HT learnt on Sunday. The ISL governing council will have six members with only one from the commercial partner, who will have to pay a minimum of Rs.37.5 crore per year for ISL, as per the bid document. "The prospective bidders have conveyed that it gives them little say," said a person connected with the process. As per the bid docum...
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