NEW DELHI: Tata Steel sold all its stake in Indian Super League side Jamshedpur FC to Goa-based club Churchill Brothers for a token amount of 100 Indian rupees ($1.05) on Friday, two weeks after the conglomerate announced it was pulling out of the ISL. Twice national league champions Churchill Brothers will take over Jamshedpur’s sporting license to play in the top-flight ISL, and the contracts of 12 players and two coaches, Tata Steel said in a statement. “We are glad that this agreement gives our players and coaches the opportunity to continue playing club football,” D. B.

Tata Steel approved selling Jamshedpur FC to Churchill Brothers for a nominal ₹100. The deal includes the Indian Super League sporting license and player contracts. Churchill…

Tata Steel sells Jamshedpur Football and Sporting to Churchill Brothers for ₹100, despite a ₹32.23 crore turnover in FY26.