Wednesday, 21 October, 2020
Home Sports ATK Mohun Bagan proposes removal of salary cap on ISL teams

ATK Mohun Bagan proposes removal of salary cap on ISL teams

By: PTI |

Printed: July 28, 2020 9:36:38 pm

ATK is essentially the most profitable membership within the ISL, having gained the title a report thrice, in 2014, 2016, and 2020. (Supply: ISL)

Taking the street much less travelled amid the COVID-19 pandemic, three-time champions ATK have approached the Indian Tremendous League (ISL) with a daring proposal to take away the wage cap of Rs 16.5 crore per group/per season.

Soccer Sports activities Improvement Ltd., which organises the nation’s high soccer league, acquired the suggestion throughout a gathering with the 10 competing golf equipment a couple of month again when it had requested for suggestions concerning international gamers’ participation within the 2020-21 season and future editions.

The wage cap is the utmost general expenditure that may be incurred by a membership for the inclusion of a participant within the squad and it consists of annual wage, bonuses, and signing-on price.

Mumbai Metropolis FC, now backed by Premier League giants Manchester Metropolis’s Metropolis Group, are additionally of the identical opinion and have supported ATK’s proposal, well-placed sources within the Indian soccer fraternity stated.

“This was proposed throughout FSDL’s assembly with the golf equipment a month in the past and removing of value cap is a suggestion the ISL will likely be learning. It’s too early for ISL to undertake no wage cap however this may be carried out within the close to future,” a supply near the ISL instructed PTI.

“Not solely that, however ATK additionally had assist from Mumbai Metropolis FC, which is backed by the identical group as Manchester Metropolis,” the supply added.

It’s understood that the profitable ISL is gung-ho in regards to the proposal because it signifies that there are takers for Indian soccer keen to loosen their purse strings.

“It exhibits that Indian soccer is heading in the right direction and individuals are able to spend money on it,” an insider conscious of the developments added.

Mumbai Metropolis FC are keen to pay Rs 1.6 crore switch price for FC Goa star Hugo Boumous earlier than the upcoming season comes calling.

The French-Moroccan attacking midfielder was among the best gamers within the competitors final season and scored 11 targets and assisted 10.

When contacted, the Kolkata-based group, rechristened ATK-Mohun Bagan after the tie-up with the enduring 131-year-old membership, was not forthcoming.

Whereas chief government officer Raghu Iyer referred to as it incorrect, one other official of the franchise stated they may “abide by the ISL guidelines and rules as a part of the league”.

The ATK franchise is collectively owned by industrialists Sanjiv Goenka, Harshavardhan Neotia, Utsav Parekh, former India cricket group captain and present BCCI president Sourav Ganguly and Mohun Bagan Soccer Membership (India) Personal Ltd.

Actor Ranbir Kapoor and Bimal Parekh co-own the Mumbai franchise.

The sixth season of the league noticed a discount within the wage cap for golf equipment from Rs 17.5 crore to Rs 16.5 crore.

ATK is by far essentially the most profitable membership within the ISL, having gained the title a report thrice, in 2014, 2016, and 2020.

As per said coverage, FSDL “reserves the suitable so as to add, modify, amend, cancel, restrict, differ or change, both wholly, or partially, at any cut-off date, these phrases, with out prior discover”.

📣 The Press Reporter is also on Facebook. Follow us on Facebook and stay updated with the latest headlines.

For all the latest News, download Press Reporter App from Playstore.

Most Popular

Ayushmann Khurrana on his next with Abhishek Kapoor: It is a beautiful, progressive love story

By: Leisure Desk | New Delhi | Revealed: July 29, 2020 8:43:23 am Ayushmann Khurrana and Abhishek Kapoor movie will launch subsequent 12...

Who is Dhanashree Verma?

By: Leisure Desk | New Delhi | Revealed: August 8, 2020 6:42:23 pm Dhanashree Verma is a YouTuber and dancer by career. (Picture:...

Sushant Singh Rajput’s sister Shweta: I only wish I could have protected him from everything

Written by Sana Farzeen | Mumbai | Revealed: July 27, 2020 2:04:16 pm Sushant Singh Rajput’s sister Shweta shared tales from their...
English English हिन्दी हिन्दी ਪੰਜਾਬੀ ਪੰਜਾਬੀ