Tata Steel sells Jamshedpur FC stake and ISL licence to Churchill Brothers for ₹100

Turnover of Jamshedpur Football and Sporting Private Limited in FY26 was ₹32.23 crore

Turnover of Jamshedpur Football and Sporting Private Limited in FY26 was Rs 32.23 crore.

The Tata Football Academy was established in Jamshedpur in 1987. According to the company, it has trained more than 300 cadets.

Turnover of Jamshedpur Football and Sporting Private Limited in FY26 was Rs 32.23 crore.

Tata Steel has approved the sale of its entire 100% stake in Jamshedpur Football and Sporting Pvt Ltd (JFSPL), the company that runs Jamshedpur FC, to Goa-based Churchill Brothers Sports Club for a nominal ₹100. The deal will see Churchill Brothers take over Jamshedpur FC’s Indian Super League (ISL) sporting licence. The transfer also includes the contracts of the club’s players and coaching staff.Jamshedpur FC have decided to hand over their license to Churchill Brothers for free, clearing the decks for the Goan clubs' entry into #ISLFormalities to be completed in next 15 days#AIFF had demoted Churchill to ILeague 2 once they opted out of IFL 2025-26#IndianFootball— Sayan Mukherjee (@SayanMukherjee4) August 14, 2026 Churchill Brothers will take over the contracts from September 2026, including those of 12 players and two coaches. The transaction is subject to approval from the All India Football Federation (AIFF) and fulfilment of other required conditions. The deal marks a major change in ownership of 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 marks a significant shift for a club that has become an established part of Indian football. Churchill Brothers will now be set to take charge of its football operations.'Punch To The Gut': Sunil Chhetri Makes Emotional Appeal To TATA Group After Jamshedpur FC's ISL ExitChurchill 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.

Tata Steel has officially sanctioned the sale of its entire ownership stake in Jamshedpur FC for a minimal price. The agreement includes the transfer of the ISL sporting rights to Churchill Brothers Sports Club, as well as the contracts for players and coaching staff, which will move to the Goa-based club starting September 2026. This strategic decision allows Tata Steel to focus on enhancing grassroots football initiatives.