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Dempo and Salgaocar team up with Dhoot to bag Goa franchise in the Indian Super League for soccer

By on May 03, 2014
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Dempo and Salgaocar team up with Dhoot to bag  Goa franchise in the Indian Super League for soccer

India currently boasts of two domestic sports leagues, the Indian Premier League (IPL) for cricket and the Indian Badminton League. However, since neither leagues had any representation from Goa, sports fans in the state were forced to pick their favourite teams from among the other cities.

However, all this will change. The Indian Super League for football has finally materialised and Goa made the cut for the eight new Indian Super League (ISL) soccer franchises. The winning bid for Goa was made by industrialists Shrinivas Dempo and Dattaraj Salgaocar supported by Venugopal Dhoot, Chairman and Managing Director of consumer goods giant Videocon. Dempo & Salgaocar have equal stakes of 37 per cent each with Videocon owning the remaining 26 per cent stake. The Dempo and Salgaocar families are known families in the football circles of India, running the Dempo Sports Club and Salgaocar Football Club respectively. 
Both clubs have been ranked as the Champion Clubs of India over the years on various occasions. For the Dhoots of Videocon, this will be their first time taking a stake in the football scene 
in India.
A total of eight sides have been finalised for the league which includes Bangalore, Delhi, Goa, Guwahati, Kochi, Kolkata, Mumbai and Pune.

The Indian Super League, which is being promoted by IMG Reliance in association with All India Football Federation (AIFF) and Star TV, has attracted various industrial houses and corporates, as well as former cricketers. Sourav Ganguly, backed by Kolkata-based businessman Harsh Neotia, has partnered with Spanish La Liga leaders and UEFA Champions League semifinalists Atletico Madrid for the Kolkata team while Sachin Tendulkar who joined hands with PVP Ventures to successfully bid for the Kochi team. 

Bollywood has also stepped up to the league with film stars like Salman Khan who teamed up with Kapil and Dheeraj Wadhawan of the Wadhawan Group for the Pune franchise; Ranbir Kapoor partnered with chartered accountant Bimal Parekh for the Mumbai franchise and John Abraham joined hands with Shillong Lajong, to bag the Guwahati franchise. 

International advisory firm Ernst & Young had the mandate of drawing up and validating the process for the bids, which were evaluated by the jury panel.

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