Jamshedpur FC sold to Churchill Brothers for ₹100, ending Tata Steel ownership

Jamshedpur FC debuted in the ISL in 2017-18, winning the League Winners’ Shield in 2021-22. The club has been sold to Churchill Brothers, ending Tata Steel's ownership, and announced withdrawal from the upcoming season to focus on grassroots football.

PN Vishnu
Published14 Aug 2026, 03:13 PM IST
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The acquisition could pave way for Churchill Brothers to compete in the Indian Super League (ISL).
The acquisition could pave way for Churchill Brothers to compete in the Indian Super League (ISL). (Instagram / Churchill Brothers )

Jamshedpur FC have been sold to Churchill Brothers Sports Club Private Limited, bringing an end to Tata Steel's ownership of the Indian Super League (ISL) club.

The transaction, completed for a nominal consideration of 100, transfers full ownership of Jamshedpur Football and Sporting Private Limited (JFSPL), the company behind the football club, to the Goa-based outfit.

This development comes in the aftermath of Tata Steel confirming that Jamshedpur FC would withdraw from the upcoming ISL season, stating that the club's focus would be on grassroots football.

The company had decided against paying the 55 lakh participation fee required under the league's new club-led model and subsequently confirmed that the club's operations would be shut down.

Details of Churchill Brothers' acquisition

According to multiple reports, the deal covers Jamshedpur FC’s ISL sporting licence, as well as the contracts of 12 players and two coaches, subject to approval from the All India Football Federation (AIFF).

The deal could also pave the way for Churchill Brothers to feature in the ISL, India's top-tier football league, subject to AIFF approval.

Also Read | Jamshedpur FC given extended deadline by AIFF to reconsider ISL pull out

Churchill Brothers have informed the AIFF of their acquisition of the licence, with the club set to take over Jamshedpur FC’s position in the league once the transfer is approved by the federation.

Jamshedpur FC's decision to withdraw from the ISL prompted appeals from fans and players, including former India captain Sunil Chhetri, who urged the Tata Group to reconsider its decision.

“To know that Jamshedpur has folded first team operations is a punch to the gut. The players and staff will be without clubs, and they might find one by the end of it all. The League will have a team less, but the season will go on,” Chhetri had written on “X”.

Also Read | ‘If an AIFF request can change their mind…’ - AIFF breaks silence on JFC's exit

“However, not having the TATA group involved in the top tier of Indian football — that would be a disaster with no alternative,” he added.

For Churchill Brothers, the acquisition represents a major development in its involvement in Indian football. The Goa club has a long history in the domestic game and returned to the top tier after winning the 2024-25 I-League, although Inter Kashi were subsequently declared champions following a ruling by the Court of Arbitration for Sport regarding a player eligibility dispute.

Also Read | Sunil Chhetri becomes latest with emotional public appeal to TATA Group

Jamshedpur FC made their ISL debut in the 2017-18 season and went on to establish themselves as one of the most prominent clubs in the league. Jamshedpur FC's biggest achievement came in the 2021-22 season, when the club won the ISL League Winners’ Shield. Jamshedpur thus became only the third club, after FC Goa and Mumbai City FC, to win the ISL League Winners’ Shield.

The Red Miners also finished as runners-up in the 2025 Super Cup, losing 3-0 to FC Goa in the summit clash.

About the Author

PN Vishnu is a contributor with the LiveMint Sports team, where he primarily covers cricket, football and other major sporting events. A passionate sports journalist with nearly a decade of experience in digital media, Vishnu has been an ardent follower of sports for more than 10 years. While he enjoys covering a wide range of disciplines, his biggest sporting passions remain cricket and football. He is also a devoted supporter of Royal Challengers Bengaluru in the Indian Premier League and Manchester United in English football. <br><br> Vishnu pursued a Post Graduate Diploma in Journalism from the Asian College of Journalism (ACJ), Chennai, in 2016 and graduated in 2017. Since then, he has built an extensive career in sports journalism, working with leading media organisations including Deccan Chronicle and Firstpost. In 2025, he worked for CricXtasy for six months before joining LiveMint in February 2026. <br><br> Over the years, he has reported extensively on marquee sporting events such as the Indian Premier League (IPL) and the Indian Super League (ISL). His reporting has also provided opportunities to interact with some of the game's leading personalities, including India cricketers Yuzvendra Chahal and Dhruv Jurel. <br><br> Away from the newsroom, Vishnu enjoys unwinding with books, discovering new music and binge-watching television series.

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