Skip to main content
xYOU DESERVE INDEPENDENT, CRITICAL MEDIA. We want readers like you. Support independent critical media.

​​​​FC Basel ​1893 ​Acquire 26% Stake in I-League Club Chennai City FC, Plan​ ​Academy

The deal will see FC Basel 1893 use their expertise to establish a talent scouting system in Tamil Nadu and set up a residential academy and training facility for I-League contenders Chennai City FC in Coimbatore.​

​I-League club Chennai City FC and Switzerland's FC Basel ​1893 ​signed a landmark deal in New Delhi on February 6. ​FC ​Basel has become the first foreign club to invest in an Indian side, acquiring 26% share of ​I-League contenders ​Chennai City​ FC​.​ ​As part of the partnership Basel -- whose youth system has nurtured players such as Liverpool FC stars Mohamed Salah, Xherdan Shaqiri  and Croatian star Ivan Rakitic -- will use their expertise to set up a talent scouting system in Tamil Nadu, a residential youth academy in Coimbatore, and roll out football schools across the country in the coming years. Chennai co-owners Rohit Ramesh and R Krishnakumar revealed details of the tie-up in the presence of FC Basel president ​​​​Bernhard Burgener, CEO ​​Roland Heri and other officials of FCB.

Original published date:

Get the latest reports & analysis with people's perspective on Protests, movements & deep analytical videos, discussions of the current affairs in your Telegram app. Subscribe to NewsClick's Telegram channel & get Real-Time updates on stories, as they get published on our website.

Subscribe Newsclick On Telegram