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The billionaire, Bollywood and the future of Indian football

Published

4 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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Mischa Zverev returns to JOALI BEING to host tennis workshops in August

Published

1 week ago

July 18, 2024

m@ldives

JOALI BEING invites German tennis professional, Mischa Zverev, to host tennis workshops between 9th and 19th August 2024. Young guests are welcome to join the Ace Academy workshops this Summer, where they can learn to become tennis pros through a variety of class levels that focus on the fundamentals of tennis all the way up to exciting tennis matches. Zverev will also host a tennis workshop for teenagers from the local community, supporting youngsters with diabetes as part of the Alexander Zverev Foundation.

Mischa Zverev had achieved a career-high ATP singles ranking of world No. 25. At the 2017 Australian Open, Zverev defeated world No. 1 Andy Murray in four sets. Zverev began playing tennis at the age of two with his father, Alexander, a former ATP pro and his coach from who he drew inspiration. Zverev is the elder brother of Alexander Zverev, who was ranked by the ATP as high as world No. 2. Together, they were the first brothers to reach 3R at the same Grand Slam event since Byron and Wayne Black in the 1998 Australian Open.

The B’Kidult Summer Programme – Ace Academy Tennis Camp

The B’Kidult Summer Programme took flight on 1st July 2024, welcoming adventurers of all ages to embark on a shared journey of joy, discovery and connection. Mischa Zverev will lead two sessions of the Ace Academy camp in August; the first workshop on 15th August 2024 and the second workshop on 17th August 2024.These workshops will focus on hand and eye coordination, foot work drills and cardio. Guided by Zverev, young players can start their tennis journey on the right foot, to develop essential life skills and a love for the game in a fun, supportive environment. Along with boosting speed and agility, the tennis workshops will also foster resilience and teamwork. Youngsters can learn to command the court with confidence and share their progress with the rest of the family.

Community Wellbeing and Inspiration

Following a successful local community workshop with the Zverev brothers in 2022, JOALI BEING is excited to welcome back Mischa Zverev to further inspire a group of teenagers from a neighbouring local island. “I am deeply honoured to return to the island of wellbeing, where we have created moments of joy and inspiration together with the team, guests and local community. I am very much looking forward to sharing my passion and motivate youngsters once again. JOALI BEING is truly my favourite place on earth” says Zverev.

Multi-generational play and learning

At JOALI BEING, we cater to multi-generational travellers, a place where every individual discovers and embarks on a journey of transformation and transcendence. Making the most of its remote tropical island setting, B’Kidult weaves elements of nature into each space and activity, awakening the senses and fostering a closer relationship with the earth. From crystalline waters and warm sunshine to soft sands and lush palms, nature’s sensory gifts set the stage for a memorable family journey that unites discovery, learning and wellbeing. The Four Pillars of JOALI BEING: Mind, Skin, Microbiome and Energy are brought to life through experiential learning and active engagement. Mischa Zverev will be visiting JOALI BEING with his family and will experience an array of multi-generational activities that nurture connection; from culinary classes, herbology workshops, yoga and sound baths, to marine conservation, snorkelling adventures and transformational wellbeing.

Since JOALI BEING opened its doors in late 2021, the wellbeing island has continuously strived to support and inspire local communities. In November 2022, the Zverev brothers visited JOALI BEING as part of tennis star Aleksander Zverev’s recovery journey from a past injury. Together, they hosted tennis workshops for guests and children from a local neighbouring island, supporting youngsters with diabetes. The Alexander Zverev Foundation had then been launched to help young people with diabetes to avoid limiting themselves because of the condition. The foundation particularly supports children with type 1 diabetes and aims to help prevent type 2 diabetes by encouraging a healthy and active lifestyle. At JOALI BEING, the wellbeing island’s philosophy of “Joy of Weightlessness” had well resonated with Aleksander Zverev at every level during his stay.

JOALI BEING has villas from $2700 per night based on two persons sharing an Ocean Pool Villa on a B&B basis. Wellbeing Programmes start from $1,693 per person based on a five-night programme.

For bookings and further information, please contact reservations.being@joali.com.

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Kandima Maldives remains top choice for sports celebrities; hosts futsal camp with Ricardinho

Published

2 weeks ago

July 16, 2024

m@ldives

Growing in popularity as a holiday hotspot among sports personalities, active lifestyle resort Kandima Maldives with Ricardinho, holding the title of being named the best Futsal player in the World 6 times by the Futsal planet.

The legendary Ricardinho spent a week at the island resort from 30th June to 6th July, providing a once-in-a-lifetime experience for both local youths and Kandima guests.

During his stay, Ricardinho conducted an engaging three-day futsal camp, coaching aspiring players from the local Kudahuvadhoo Island. The camp was open to Kandima’s guests too and provided an amazing opportunity for participants to learn from one of the greatest futsal players of all time.

Throughout the event, Ricardinho actively engaged with visitors, playing matches with fans and futsal enthusiasts, and showcasing his expertise in a community setting. Guests had the rare chance to watch, learn, and interact directly with the futsal legend, making the experience truly anything but ordinary.

“We are honoured to welcome Ricardinho, the world’s top Futsal player, to Kandima,” said Tom van Tuijl, General Manager, Kandima Maldives “This collaboration aligned perfectly with Kandima’s focus on an active lifestyle. Our commitment to promote a fitness-oriented way of life in a tropical island setting and Ricardinho’s visit undoubtedly inspired our guests, especially families with young futsal enthusiasts, to embrace a more sporty lifestyle.”

Kandima is no stranger to hosting renowned athletes from around the world and the UK. In recent years, the island resort has already hosted premium league footballers Liverpool FC’s Joe Gomez, Manchester City goalkeeper Ederson Moraes, and freestyle football champion Lia Lewis for a holiday. Innovative in their approach to creating distinct and memorable sports experiences for guests, Kandima continues exploring fun and educational partnerships with esteemed athletes to impress fitness-oriented travellers.

“We are thrilled to partner with Kandima Maldives for this exciting football camp,” said Ricardinho.” It was a great opportunity to share my passion for the sport and engaging with the Kandima’s guests, local youths and staff. Together, we created unforgettable memories and inspired a love for football and an active lifestyle.”

For more information about Kandima Maldives and upcoming Uber Kool events, please visit www.kandima.com.

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Tennis pro Dominik Hrbaty to conduct training sessions at Sirru Fen Fushi Maldives

Published

2 weeks ago

July 15, 2024

m@ldives

Sirru Fen Fushi – Private Lagoon Resort has announced the arrival of tennis legend Dominik Hrbaty for an exclusive series of training sessions at their luxurious island retreat in collaboration with LUX Tennis Private Coaching Academy. From 6th August to 14th August 2024, guests at this breathtaking Maldivian resort will have the unique opportunity to train personally with Hrbaty, benefiting from his exceptional skills and expertise in the sport.

Born on April 1, 1978, in Slovakia, Dominik Hrbaty is celebrated worldwide for his illustrious career as a professional tennis player. Throughout his tenure on the ATP tour, Hrbaty achieved a highest singles ranking of 12 and doubles ranking of 14, capturing the hearts of tennis enthusiasts with 6 career singles titles and 2 doubles titles. His remarkable achievements include victories at prestigious tournaments such as San Marino, Prague, Auckland, Adelaide, and Marseille, among others.

“We are honoured to host Dominik Hrbaty at Sirru Fen Fushi,” said Wellness & Recreation Manager, Wilfred Suarez. “His presence underscores our commitment to offering unparalleled experiences that combine wellness, fitness, and the pursuit of excellence. Guests will have the extraordinary opportunity to learn directly from one of tennis’s most esteemed figures in our idyllic island setting.”

Nestled amidst the serene beauty of the Maldives, Sirru Fen Fushi offers a haven of luxury and tranquility. The resort’s tennis facilities boast a stunning court set beneath swaying palm trees, complete with floodlights for evening games, ensuring an unforgettable tennis experience day or night.

In addition to personalised training sessions with Hrbaty, guests can indulge in a range of wellness activities, including yoga on the beach, rejuvenating spa treatments, and exquisite culinary offerings featuring fresh, local ingredients.

Hrbaty’s visit aligns seamlessly with the resort’s philosophy of promoting overall well-being and personal improvement. His exceptional career achievements and dedication to the sport make him an ideal mentor for guests looking to enhance their tennis skills while enjoying a world-class vacation.

For more information on Sirru Fen Fushi – Private Lagoon Resort and to reserve your exclusive training session with Dominik Hrbaty, please visit www.sirrufenfushi.com or contact our reservations team at reservations@sirrufenfushi.com.