Who Owns Kerala Blasters Now? Al Fursan Group Completes 100% Takeover For ₹100-120 Crore Ahead Of ISL 2026-27

Kerala Blasters FC is on the verge of a major ownership transformation, as Gulf-based Al Fursan Group finalizes their acquisition of the Indian Super League club. The deal involves the transfer of 100% of the club’s shares at an estimated valuation of ₹100-120 crore, with payment spread over an eight-month period. This marks the end of Magnum Sports’ ownership of the team.

Al Fursan Group, backed by the influential Al Qasimi family of Sharjah, now holds control of one of India’s most popular football clubs. The takeover signifies a significant shift in Kerala Blasters’ ownership landscape, bringing Gulf-based investment into the fold. The club, which has been under the ownership of Hyderabad-based Magnum Sports since 2016, is set to enter a new era as the ownership structure evolves.

Kerala Blasters, set to participate in the upcoming ISL 2026-27 season, will begin their tenure under the new management, with the focus on assessing the squad, coaching staff, and overall football operations. The takeover also ensures the club continues to play its home matches at the Jawaharlal Nehru Stadium in Kochi. As Al Fursan Group takes the reins, the club's long-term vision and investment strategy are expected to become clearer in the coming months.

For the Blasters' passionate fan base, the new ownership heralds the start of an exciting new chapter in the club's storied history.