AIFF stares at Rs 25.9 crore deficit
The problems of the All India Football Federation (AIFF) are aplenty, the latest being a revenue deficit of ₹25.9 crore till June this year. The AIFF may be forced to put a stop to its activities for a quarter until it finds a new commercial partner. “Never in Indian football has the season, and the contract, concluded midseason on Dec 8,” a senior AIFF official was quoted by The Times if India as saying. “We have no other revenue, and this season till June, we have a deficit of two installments (Jan-March and April-June), besides we got paid only till the first week of Dec (with no money for the rest of the month).” The AIFF depended on the Rs 50 crore paid annually from its marketing partners FSDL, a Reliance-subsidiary, in return for commercial rights of all leagues and the national team. The AIFF was left without any financial backing after the 15-year contract ended on December 8 last year. As per the contract, AIFF received four equal installments of Rs 12.5 crore from …




