TATA Steel sells 100% stake in Jamshedpur FC to Churchill Brothers
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…
Tata Steel recently approved the sale of its entire stake in Jamshedpur FC, the Indian Super League club, to Goa-based Churchill Brothers Sports Club Private Limited. The transaction, completed by August 31, involves the transfer of all 4.08 crore equity shares held by Tata Steel in its wholly owned football subsidiary.
Churchill Brothers, an established name in Indian football, will take over Jamshedpur FC's ISL sporting license, contracts of the club's 12 players and two coaches, starting September 2026. This move follows a shift in Tata Steel's approach to football, with the company committing to continue its focus on player development at grassroots and youth levels.
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