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ISL 2024-25: Mohammedan Sporting Club announce new co-investor Shrachi Sports

Alex is web content writer who is covering various sports, technology in sports and igaming space from 2017.
Published at :August 2, 2024 at 10:19 PM
Modified at :August 2, 2024 at 10:19 PM
ISL 2024-25: Mohammedan Sporting Club announce new co-investor Shrachi Sports

The Black Panthers will debut in ISL 2024-25 season.

Mohammedan Sporting Club have announced the partnership with Shrachi Sports as it prepares for the Indian Super League (ISL) 2024 season.

This announcement marks a historic moment for the club, which has secured Shrachi Sportsโ€™ commitment to a substantial investment over the next three years.

Shrachi Sports Ventures has acquired a 50% stake from the existing investor Bunkerhill.

As a result, the new investment distribution for Mohammedan Sporting Club is as follows:

  • Mohammedan Sporting Club: 39%
  • Bunker Hill: 30.5%
  • Shrachi Sports Ventures: 30.5%

The new partnership signifies a significant increase in support for the club, with Shrachi Sports Ventures pledging over 30% of the clubโ€™s total investment, in addition to Bunkerhillโ€™s role as the primary sponsor.

Mohammedan Sporting Club extends its heartfelt gratitude to the honorable Chief Minister of West Bengal, Smt. Mamata Banerjee, for her continuous support and tireless efforts that have been crucial to the clubโ€™s progress. Special thanks are also due to Mr. Sourav Ganguly for his invaluable support throughout this transformative process.

The announcement event was honored by the presence of Mr. Anirban Dutta, Secretary of the Indian Football Association, marking a significant milestone for both the club and its new partners.

As Mohammedan Sporting Club are set to debut in the upcoming ISL 2024, the new partnership will look forward to work collaboratively to achieve the mutual objectives, confident that the combined efforts will drive significant success and growth of the club.

Mohammedan Sporting Club expresses profound appreciation to all those who have played a vital role in this pivotal step toward a promising future for the club.

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Alex
Alex

Alex graduated in mass communication in 2016 and has been covering global sports for Khel Now since then. He is covering sports tech, igaming, sports betting and casino domain from 2017.