Tata Steel Sells Jamshedpur FC to Churchill Brothers for ₹100

Tata Steel has sold its 100% stake in Jamshedpur Football and Sporting Pvt Ltd, the company that runs Jamshedpur FC, to Churchill Brothers Sports Club for a nominal ₹100. The deal includes the transfer of Jamshedpur FC's Indian Super League (ISL) sporting licence, player contracts, and coaching staff.

The sale marks a significant change in ownership for the Jamshedpur-based ISL club. Tata Steel has been closely associated with football in Jamshedpur for decades and has backed Jamshedpur FC since its entry into the ISL. The company's exit is a major shift for a club that has become an established part of Indian football.

Churchill Brothers will take over the contracts of 12 players and two coaches from September 2026. The transaction is subject to approval from the All India Football Federation (AIFF) and fulfilment of other required conditions. The deal is expected to be completed within the next 15 days.

Churchill Brothers is one of Goa's oldest football clubs, with nearly 40 years of history. The club has won the I-League twice and is now set to make a return to the top tier of Indian football through the Jamshedpur FC setup. The move gives Churchill Brothers a direct entry into the ISL framework, subject to the necessary approvals.

The sale of Jamshedpur FC has been met with emotional responses from fans and players. Indian football captain Sunil Chhetri made an emotional appeal to the TATA Group after Jamshedpur FC's ISL exit.

The deal is a significant development in Indian football, with Churchill Brothers set to take charge of Jamshedpur FC's football operations. The club's entry into the ISL will be a major boost to Indian football, with the potential to increase competition and excitement in the league.

The All India Football Federation (AIFF) had previously demoted Churchill Brothers to the I-League 2 after the club opted out of the I-League 2025-26. However, with the takeover of Jamshedpur FC's ISL licence, Churchill Brothers will now have the opportunity to compete in the top tier of Indian football.

The sale of Jamshedpur FC is a significant milestone in the history of Indian football. With Churchill Brothers set to take over the club's operations, fans can expect exciting developments in the world of Indian football.

In conclusion, the sale of Jamshedpur FC to Churchill Brothers for ₹100 is a major development in Indian football. The deal marks a significant change in ownership for the Jamshedpur-based ISL club and provides Churchill Brothers with a direct entry into the ISL framework. With the potential to increase competition and excitement in the league, the deal is a major boost to Indian football.