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10 corporates ready to invest: Patel

sports Updated: Jun 21, 2011 23:21 IST
Dhiman Sarkar
Dhiman Sarkar
Hindustan Times
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Praful Patel, All India Football Federation president, termed JCT’s disbanding the team “unfortunate” but didn’t agree that two major clubs winding up in the last 15 months sends wrong signals to corporate India.

“Coincidentally, it was only today that the Jindal Group inquired about wanting to be involved with a club. Sajjan Jindal said he would like to start a team. I have told him to send the proposal. There are at least 10 corporates interested in investing in Indian football,” Patel, the Union minister for heavy industries, told HT over the phone.

Patel accepted JCT’s contribution to Indian football but said like Mahindra United, disbanded in April 2010, the Punjab club was not run like a commercial entity. “I can assure the people of north India that they will soon have a club and the players that they will have a platform to show their skills,” he said. He also said he is confident that I-League 5 will have a major broadcast partner.