Jindal Football, under the ambit of the BC Jindal Group, announced the acquisition of the sporting license of the Indian Super League (ISL) team Hyderabad FC.
Hyderabad FC’s ISL 2024-25 campaign kicks off with an away match against Bengaluru FC on September 19, 2024.
Founded on August 27, 2019, Hyderabad FC quickly made its mark by clinching the ISL title in the 2021-22 season, triumphing over Kerala Blasters in a thrilling final. The club plays its home games at the G.M.C Balayogi Athletic Stadium, located in the Hyderabad suburb of Gachibowli.
“With a population of 1.4 billion, India is a sleeping giant in the world of football. Our venture into the sport with Hyderabad FC is driven by a desire to uncover and address the obstacles facing Indian football. Our goal is to nurture home-grown talent and foster the growth of this beautiful game in India. We envision a future where Indian players compete at the highest international levels, and we dream of the day when India participates in the FIFA World Cup finals. This is the vision guiding our efforts in Indian football,” said a Hyderabad FC spokesperson on behalf of the new ownership.
The $ 2.5 billion BC Jindal Group is an Indian business house. Established in 1952, the group has a diverse workforce of more than 10,000 people across India, Europe, and the US. Key business verticals include flexible packaging films, energy generation and downstream steel products.