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The billionaire, Bollywood and the future of Indian football
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.
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“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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Sun Siyam Iru Veli invites guests to explore Maldives’ underwater world
Marine experiences at Sun Siyam Iru Veli begin just beyond the island’s shoreline, from its house reef in Dhaalu Atoll to the waters of Faafu, Meemu and South Ari Atolls. For guests, this geographical reach means the underwater journey can take many forms, from a first guided snorkel close to the island to more advanced diving and encounters farther across the atolls.

The Big Encounters
Among the most notable journeys beyond the waters of Iru Veli is the Whale Shark Excursion to the South Ari Marine Protected Area. The guided snorkelling experience takes guests in search of the world’s largest fish, with the chance to snorkel alongside them when conditions allow. The same waters also offer manta encounters, another remarkable way to venture farther afield and see these graceful ocean giants in their natural environment.

Across the Atolls
The journey continues across Meemu and Faafu Atolls, where full-day explorations move between open-water encounters, quieter lagoons, coral reefs and uninhabited islands. Around Makunueri, guests can snorkel vibrant reefs with the chance to encounter turtles, sharks, rays and a variety of reef life. For those seeking a more exclusive experience, private journeys offer a way to discover coral gardens and lesser-visited stretches of ocean, with some also providing a first introduction to scuba in calm waters.

The House Reef, in Daylight and After Hours
Closer to Iru Veli, the house reef tells a different story. By day, guided snorkelling invites guests to coral formations and resident marine life directly around the island. After sunset, the same waters take on an entirely different character as nocturnal species emerge. The guided night snorkelling offers the chance to encounter nurse sharks and experience the reef from a whole new perspective with the help of fluorescent and blue lights.

A Different Side of the Water
For those looking for something less conventional, the SSI Mermaid programme brings a playful side to underwater exploration. Guests can swap fins for a mermaid tail and learn the techniques needed to move comfortably and confidently through the water. Combined with underwater photography and video, this experience offers a chance to explore a more imaginative side of underwater exploration at Iru Veli.

A Lasting Impact
The marine discovery at Iru Veli also extends beyond observation. Through the resort’s coral planting initiative, guests can contribute to the continued restoration of the house reef and leave a lasting connection beneath the surface. Back on land, the weekly Marine Night brings these stories together, sharing more about marine life, reef conservation and underwater environments surrounding the island.
Beyond the many ways to explore the ocean from the surface, the SSI-certified dive centre at Iru Veli offers adventures for seasoned divers and complete beginners alike. Certified divers can continue exploring the surrounding dive sites with the resort’s professional team, while first-timers can start with an introductory scuba experience. Guests looking to go further can also earn SSI certification during their stay, turning their holiday into the start of a new diving journey.
From the house reef to some of the Maldives’ most remarkable marine encounters, Sun Siyam Iru Veli reveals an island experience shaped as much by what lies beneath the surface as by what surrounds it.

Discover more marine activities, explore the latest Sun Siyam Iru Veli offers.
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Machchafushi Maldives brings Nikon photographers to South Ari Marine Protected Area
Machchafushi Island Resort & Spa Maldives, The Centara Collection, is set to host an exclusive underwater photography and media experience from 14 to 17 October 2026, in partnership with Youth Global Program in partnership with Nikon Middle East & Nikon India. The programme is supported by Lexar Middle East and Hollyland Middle East. Led by Nikon’s underwater photographers and welcoming select international media, the programme will offer an immersive exploration of Machchafushi’s exceptional marine environment and the underwater world of the South Ari Atoll.
Set within the South Ari Marine Protected Area (SAMPA), Machchafushi offers an exceptional setting for an exclusive underwater photography experience. The resort’s award-winning house reef, spanning more than five times the area of the island itself, creates an expansive underwater landscape shaped by vibrant coral gardens, diverse marine life, and a series of distinctive dive sites.

The experience will take Nikon underwater photographers and select media beneath the surface of Machchafushi, offering the opportunity to capture the island’s marine environment from a unique perspective. From coral formations and marine life to the deeper waters surrounding the island, the programme will showcase the diversity and character of the South Ari Atoll, including the renowned Kudhi Maa shipwreck, which rests between approximately 12 and 30 metres under the surface and has become an established artificial reef.
Together, Machchafushi’s award winning house reef, vibrant coral gardens, diverse marine life and Kudhi Maa create a compelling underwater canvas, offering visiting photographers and media an opportunity to experience and document a lesser seen perspective of the Maldives.

Beyond the reef, the programme will introduce participants to the wider Machchafushi experience, connecting the underwater environment with the island’s natural surroundings, dining, wellness and slower rhythm of island life. Together, these experiences offer a broader perspective of Machchafushi and its place within the South Ari Atoll.
The collaboration brings together Nikon’s expertise in photography and Machchafushi’s distinctive marine environment, creating an exclusive platform to showcase the underwater character of the South Ari Atoll through the lens of leading underwater photographers and international media, with support from Lexar Middle East and Hollyland Middle East.

Taking place from 14 to 17 October 2026, the experience will offer an opportunity to discover and document Machchafushi beyond the shoreline, from its award-winning house reef and vibrant marine life to the distinctive underwater landscapes surrounding the island. Through the photographers and media attending, the experience will bring a different perspective of the Maldives to audiences around the world.
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From zero experience to professional careers: Atmosphere Foundation celebrates Divemaster graduates
Atmosphere Foundation has celebrated the graduation of the second batch of its ‘Zero to Divemaster’ Scholarship Programme, bringing the total number of young Maldivians trained through the initiative to 20 as the Foundation continues to build pathways into professional careers in the country’s diving industry.
Ten participants completed the second batch of the three-month programme, which takes students through a structured training pathway from PADI Open Water Diver to Advanced Open Water Diver, Emergency First Response, Rescue Diver and, ultimately, professional Divemaster certification.

Delivered in partnership with Moodhu Bulhaa Dive Centre in Vilimalé, the programme is designed to enable Maldivians to enter the professional diving industry even without previous diving experience. The second batch, comprising five women and five men, began training in July following the completion of the inaugural cohort.
The latest graduation builds on strong outcomes from the first batch, which began in April 2026 with 10 participants. All 10 successfully obtained their professional Divemaster certifications, while nine have since secured employment across safari vessels, resorts and island-based dive centres.

The 90 per cent employment rate among the first batch highlights the programme’s success in translating professional training into direct employment opportunities within the Maldives’ tourism and marine sectors.
Beyond technical diving skills, the programme provides participants with training in safety, emergency response and the responsibilities associated with working as a professional Divemaster. The progressive training structure is intended to equip graduates with both the qualifications and practical competencies required to work in professional diving environments.
A key component of the initiative is the level of financial support provided to scholarship recipients. Atmosphere Foundation covers tuition, required certification and registration fees, while also providing accommodation and meals during the programme. The scholarship for the second batch additionally covered training materials and dive insurance, helping remove financial barriers that could otherwise prevent participants from pursuing professional diving qualifications.

By covering both the cost of training and participants’ day-to-day living requirements during the course, the programme allows scholarship recipients to focus on developing their diving skills and completing the demanding progression towards Divemaster certification.
The programme also links scholarship support with a longer-term commitment to the Maldives. Participants agree to work within the country’s diving and marine industry for at least two years after successfully completing their certification, helping ensure that the skills developed through the initiative contribute directly to the local workforce.
With diving forming an important part of the Maldives’ tourism industry, the initiative seeks to expand opportunities for Maldivians to develop specialised skills and pursue careers in an area where trained professionals are required across resorts, liveaboards and local dive centres.

The results of the first cohort provide an early indication of the programme’s potential. While only three graduates had secured jobs when the second batch was launched in July, that figure has since increased to nine, reflecting continued progression into employment following certification.
Following the completion of two batches, Atmosphere Foundation has confirmed that the Zero to Divemaster Scholarship Programme will continue, providing further opportunities for Maldivians seeking to enter the professional diving industry.

With 20 participants now having completed the programme across its first two cohorts, Zero to Divemaster is developing from a training initiative into an employment pathway, combining internationally recognised diving qualifications with practical skills, financial support and a direct connection to career opportunities within the Maldives.
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