business ⚽ Tata Steel sells Jamshedpur FC for just Rs 100
Tata Steel sold its entire stake in Jamshedpur FC to Churchill Brothers Sports Club for a token amount of Rs 100. This transfer took place on Friday, moving the 100 per cent holding from JFSPL to the Goa-based club. The deal involves Jamshedpur FC's ISL licence and 12 player contracts, expected to close by August 31. This move reflects the financial struggles of the ISL, given JFSPL's negative net worth of Rs 5.8 crore as of March 2026. Tata Steel will now focus on grassroots football development moving forward. ⚽