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The billionaire, Bollywood and the future of Indian football

Published

5 years ago

July 5, 2020

MUMBAI (Reuters) – A storm could be brewing in India’s top-flight football, a glamorous and acrimonious world that encompasses Asia’s richest man, the cream of Bollywood and a self-styled former gangster.

Mukesh Ambani, the billionaire tycoon who commands the Reliance Industries corporate empire that owns the Indian Super League, is facing pushback to his family’s dominance from some executives in the country’s football association and clubs.

At stake is the financial future of football in a country devoted to cricket. The outcome of the power struggle could also help shape whether India can ever become a world force in the game, realising ex-FIFA president Sepp Blatter’s description of being a “sleeping giant” – and, of course, the big dream: whether it can one day play in or even host a World Cup.

Ambani’s holding group launched the Indian Super League, an elite competition of newly created teams, in 2014 with the aim of attracting investment and big global names, much like the Indian Premier League has in cricket.

However tensions have been building over who ultimately calls the shots: the Indian football association, which technically governs football at all levels, or Ambani’s group which owns the top league of 10 teams.

It’s a rare power split in global football, and a recent dispute between Ambani’s camp and the association illustrated differing visions over the direction of the Indian game, whose national team is ranked 108th globally.

This year, before the COVID-19 pandemic, a top executive at India’s football association, Kushal Das, wrote to Martin Bain, the Ambani lieutenant who heads Football Sports Development Limited (FSDL), a Reliance holding company that owns the league.

The national coach, employed by the association, has complained that the enlisting of so many foreign recruits in Indian football could hold back the development of home-grown players. Das, in a March email exchange seen by Reuters, said the governing body had the right to limit the number of foreign players allowed to compete in the Super League.

The dismissal was swift.

“Contrary to the position in your email, all competition regulations rather need approval from FSDL,” Bain responded, according to a copy of the email exchange seen by Reuters.

The football association backed down for this season.

Representatives for Reliance and FSDL did not respond to repeated requests for comment for this article. The football association’s media director, Nilanjan Datta, declined to comment, but said questions about tensions with FSDL were “baseless”.

Requests for comment from Bain and Das, via FSDL and the association, were not responded to.

Indian game of two halves

The player issue is disputed globally; some argue imported veterans stand in the way of domestic talent, while others say they haul up standards and share skills and experience.

But the exchange also reflects a conflict within the Indian game.

FSDL and the Ambani family’s supporters says the Super League has raised awareness and money for a disorderly and underinvested sector, and brought in marquee players such as Italy’s Alessandro Del Piero and France’s Robert Pires.

Ambani’s wife Nita, FSDL’s chair and the public face of the league, has expressed hope India will qualify for the 2026 World Cup, and one day host the event. And some Super League club owners are committed to what they consider a football revolution.

“Indian players are benefiting from the arrival of quality foreigners and coaches,” said Mandar Tamhane, CEO of JSW Bengaluru FC. “Football has become a lot more tactical and technical,” he added. “The exposure has helped Indian football develop.”

But the Ambanis’ influence is resented by some club owners in India’s traditional football league, the I-League, who say the Super League is sucking attention and investment from the rest of the game and stunting its long-term development.

“This is a hostile takeover if there ever was one. They basically own football,” said Ranjit Bajaj, a self-described former gangster who found redemption in football, and a prominent figure in the game who took Punjab’s I-League side to a national championship in 2018 as its owner. “It’s really sad.”

The Ambanis did not respond to requests for comment made via Reliance.

The family is accustomed to domestic business dominance.

The Reliance empire, with a market value of about $153 billion, includes India’s leading telecom firm, a major retailer, its largest refining complex, a news outlet and a Bollywood studio. The group’s revenue last fiscal year accounted for around 3% of India’s $2.9 trillion economy.

‘Such a difficult situation’

Reliance and partner IMG Worldwide bailed out the cash-strapped football association a decade ago, pledging around $140 million over 15 years in return for sponsorship, licensing rights and running the Super League.

The association remains dependent on the deal money. It sent six emails to Reliance executives between May and October last year, reviewed by Reuters, saying payments of $6 million had not been received. One warned of a “severe cash flow crunch” and said the association had to put payments to suppliers on hold.

A Reliance executive answered twice, once saying it would take more time to release the payment and then saying the payment was in process.

Reliance did not respond to requests for comment on this email exchange.

The football association has considered whether it would be possible to renegotiate parts of the contract, according to an audio recording reviewed by Reuters of its president speaking to I-League executives at a meeting last year, although it is not clear which parts.

“When you’re dealing with a giant like FSDL, whose parent is Reliance, legally you will land up in such a difficult situation,” association President Praful Patel said in the July meeting.

He said FSDL had saved the association from falling into debt, adding “They have invested so much money.”

Patel did not respond to requests for comment made via the football association.

Business meets Bollywood

Thus far, however, the Super League itself is proving neither hugely popular nor lucrative – a rarity for an Ambani venture. Stadium attendances have halved over the past six years, and the pandemic is likely to worsen the situation.

Of course, creating a profitable league in cricket-mad India was always going to be a tough task. But industry veterans say Ambani erred by excluding India’s original clubs and creating a standalone tournament without promotion or relegation.

“It was 100% a wasted opportunity. The money coming in is welcome, but it should be spent in a proper manner – not just creating a hype,” said leading sports commentator Novy Kapadia.

The Super League’s original eight clubs were owned by Bollywood heavyweights like Ranbir Kapoor, cricket champions including Sachin Tendulkar and prominent businessmen, though several have since exited. Two new teams joined in 2017.

Ambani’s group initially projected, in 2014, that clubs would be profitable within about five years, according to an industry source with direct knowledge of the matter.

However none of original eight clubs, whose latest financial statements were reviewed by Reuters, had broken even by March 2019, save for Bengaluru, with about $234,000 in profit.

FSDL, of which Reliance owns 65% and Walt Disney-owned broadcaster Star India 35%, has significant control over clubs, according to a draft 2014 contract seen by Reuters.

Clubs must select coaches from a league-approved list, cannot sell shares without approval and must spend at least $500,000 per season on marketing.

Star India referred questions to FSDL.

Sports commentator Kapadia said the league’s future depended on billionaires continuing to bankroll their clubs, especially as the next season could be delayed and played without foreign players or spectators due to the coronavirus.

“The hit will be very severe,” he said, but added the league would continue “as long as there are enough rich people in India to burn money”.

Reporting and photo: Reuters

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Dive into summer of marine marvels with Simon Lorenz at The Nautilus Maldives

Published

3 days ago

February 20, 2025

m@ldives

Immerse yourself in the extraordinary underwater world during Ocean Discovery Week at The Nautilus Maldives, an award-winning ultra-luxury private island hideaway. From 25th to 31st July 2025, this week-long summer experience invites guests to explore the vibrant marine biodiversity of the Baa Atoll UNESCO Biosphere Reserve. More than just a luxury escape, Ocean Discovery Week is an annual celebration of the ocean’s wonders, offering a profound connection to its delicate ecosystems and fostering a deeper commitment to marine conservation.

Nestled near the iconic Hanifaru Bay, The Nautilus provides unparalleled access to over 40 exceptional dive sites teeming with marine life. Bespoke diving and snorkelling adventures promise unforgettable encounters with manta rays, whale sharks, and vibrant coral gardens, creating an oceanic journey of discovery and wonder.

Partnering with Acclaimed Underwater Photographer Simon Lorenz

This year, The Nautilus is thrilled to welcome renowned underwater photographer Simon Lorenz to enrich the Ocean Discovery Week experience. An award-winning marine photographer, speaker, and writer, Simon’s work has graced the covers of leading nature publications worldwide. Beyond aesthetics, his photography serves as a compelling voice for marine conservation.

As a PADI instructor and photo coach, Simon is passionate about guiding divers and photographers in refining their skills. His curated dive expeditions blend rare underwater encounters with hands-on photography training. Simon’s impressive portfolio includes collaborations with CNN, BBC, NatGeo, and marine NGOs such as WWF, the UN, and The Nature Conservancy. A dedicated advocate for shark conservation, he serves on the advisory board of the Hong Kong Shark Foundation, actively fighting for their protection.

During The Nautilus’s Ocean Discovery Week, guests will have the rare opportunity to dive and snorkel alongside Simon, gaining insights into capturing the ocean’s breathtaking beauty while deepening their understanding of the marine ecosystems of the Maldives. His immersive workshops and marine talks, underwater family photography sessions, and guided dives and snorkelling expeditions promise an exclusive perspective on marine life, making this a truly one-of-a-kind experience.

An Ocean-Inspired Celebration Awaits

Beyond the depths, The Nautilus offers an exquisite blend of adventure and tranquillity through an array of water-inspired experiences. Thrill-seekers can embark on exhilarating Jetski, Seabob and E-foil expeditions, set sail on dolphin-watching cruises, or encounter sea turtles on a Hello Turtle adventure. For those seeking tranquillity, Solasta Spa provides serene escapes with sunrise yoga, mindful breathwork, and water sound healing meditation, all set against the soothing symphony of the ocean. Young explorers can take part in the resident marine biologist’s coral planting workshops, Bubble Maker courses, underwater treasure hunts, watercolour art sessions, and creative ocean-inspired projects.

Join The Nautilus’s Ocean Discovery Week, a one-of-a-kind summer festival, where the ocean’s beauty, mystery, and wonder come to life through unforgettable adventures and heartfelt connections to the sea.

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Tennis legend Nikolay Davydenko serves up tuition at Four Seasons Maldives at Kuda Huraa

Published

6 days ago

February 17, 2025

m@ldives

Tennis aficionados, take note. This spring, Four Seasons Resort Maldives at Kuda Huraa is serving up a once-in-a-lifetime opportunity to train with the legendary Nikolay Davydenko.

From April 14 to 21, 2025, the former World #3 will host two exclusive complimentary masterclasses and offer five coveted private lessons at the luxury resort. Share the passion and technical expertise that helped Davydenko achieve World #3 ranking and secure 21 ATP titles during this tantalisingly rare chance to learn from a globally sought-after champion.

Known for his speed, precision and tactical acumen, Davydenko is widely regarded as one of the most skilled players of his generation. He won the prestigious ATP World Tour Finals in 2009, claimed three ATP Masters Series and played a pivotal role in Russia’s 2006 Davis Cup victory. His career achievements and relentless playing style continue to earned him renown as one of the sport’s top performers.

Serving Up World-Class Coaching

Davydenko’s exhilarating tuition at Kuda Huraa will include unprecedented access to two complimentary group masterclasses – one for adults and one for children. In addition, a total of just five private paid lessons will be available on request on a first come, first served basis.

Tailored for all levels, the masterclasses will offer players an extraordinary opportunity to elevate their game and refine their skills on court with Davydenko. Guests are required to sign up at least one day in advance; groups will be divided into beginners and advanced with all abilities welcome. Participants can anticipate an electrifying session with Davydenko, capped off with a memorable photo opportunity at the end of the masterclass.

Private one-hour lessons offer a unique chance to receive world-class coaching from a tennis legend at an exclusive rate. Each bespoke one-to-one session will focus on enhancing on-court strategy and mastering new techniques under Davydenko’s expert guidance.

Set to Thrill

Coaching takes place on the resort’s oceanfront Island Tennis Court, accessible from the main jetty via a minute’s sail in a traditional dhoni boat. Four Seasons Resort Maldives at Kuda Huraa will also host Davydenko for the week in its enchanting garden village setting, awarded a fourth consecutive Forbes Five-Star rating in 2024.

Davydenko’s tuition is part of an elite coaching program at Kuda Huraa’s Tennis Academy, launched in 2023 in partnership with RTC Alliance. The Academy offers year-round tuition and exclusive residencies by tennis legends including former World #1 and four-time Grand Slam champion Ekaterina Makarova.

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Le Méridien Maldives unveils stunning padel court

Published

1 week ago

February 13, 2025

m@ldives

Le Méridien Maldives Resort & Spa has unveiled a state-of-the-art padel court, further enhancing its recreational offerings. Situated amidst the lush greenery of the resort’s picturesque landscape, the new facility allows guests to engage in one of the world’s fastest-growing sports while embracing the island’s natural beauty. Designed for both fitness enthusiasts and those seeking leisurely fun, the court provides an opportunity to blend activity with relaxation in a stunning tropical setting.

Padel, a fast-paced sport that combines elements of tennis and squash, has gained global popularity, attracting over 30 million players worldwide. Recognised for its dynamic and social nature, the sport is played on a smaller enclosed court, incorporating walls for strategic rebounds. As a low-impact activity, it is engaging and easy to learn, making it accessible to players of all ages and skill levels. Its inclusive environment fosters friendly competition and casual play, making it an ideal choice for social interaction and recreation.

Set against the backdrop of crystal-clear waters and swaying palm trees, the resort’s new padel court has been thoughtfully designed to harmonise with the island’s natural surroundings. The facility offers an inviting space where guests can unwind, connect, and embrace an active lifestyle. Whether playing a match, bonding with family, or discovering a new passion, visitors can enjoy a unique sporting experience. With this addition, Le Méridien Maldives further strengthens its reputation as a premier destination for wellness, leisure, and relaxation, providing guests with an opportunity to truly savour the good life in a tropical paradise.

According to Thomas Schult, General Manager of Le Méridien Maldives Resort & Spa, the resort aims to offer a curated selection of experiences that inspire both relaxation and creativity. He emphasised that the introduction of the padel court reflects a commitment to providing diverse recreational activities catering to all guests. By fostering an environment that encourages connection, rejuvenation, and a healthy lifestyle, the resort continues to enhance its appeal as an idyllic island retreat. Schult expressed anticipation in witnessing guests come together to create lasting memories on the court.

The padel court is accessible to all guests, with premium equipment provided on-site. Additionally, professional coaching sessions are available for those looking to refine their skills. Located on the scenic Thilamaafushi Island in Lhaviyani Atoll, Le Méridien Maldives Resort & Spa features 134 elegantly designed beach and overwater villas. These accommodations range from intimate one-bedroom retreats to spacious two-bedroom villas, making them suitable for couples, families, and groups seeking the ultimate escape. The resort seamlessly blends chic, eco-conscious living with timeless European elegance, offering an idyllic sanctuary for travellers in search of both relaxation and adventure.

Guests can rejuvenate at the Waves Lifestyle Hub, explore the vibrant marine ecosystem at the house reef and dive centre, or participate in a variety of complimentary non-motorised water-sports. A fully equipped fitness centre with weekly classes further promotes a healthy, active lifestyle. With the introduction of the padel court, Le Méridien Maldives continues to set new standards for extraordinary island getaways, offering an unparalleled experience in a breathtaking setting.