Bengaluru FC submit bid as ITB submission deadline ends
Federation Cup winners Bengaluru FC submitted the bid papers as the 'Invitation To Bid' tender process for inclusion of new teams in the Indian Super League came to a close on Thursday.
Football Sports Development Limited (FSDL) appointed external validator will go through the bids evaluation procedurals over the coming week.
FSDL – a joint venture between IMG, Star India and Reliance plans to add one to three new teams in the Indian Super League in its fourth edition to be staged in year 2017-18.
A source close to the league confirmed that BFC submitted its bid on the last day. The former I-League-winning club had picked up the 'Invitation To Bid' papers on May 12.
Indian Super League was established in India in 2014 under the sanction of the All India Football Federation (AIFF).
Bids were invited from prospective team owners from 10 cities - Ahmedabad, Bengaluru, Cuttack, Durgapur, Hyderabad, Jamshedpur, Kolkata, Ranchi, Siliguri and Thiruvananthapuram.