Basel have released a statement saying they are buying minority stakes. 35% isn't minority
20 million Euros for 35% stake is laugh worthy considering the fact Basel who regularly feature in UCL and sell players for 10 million+ regularly are valued 48 million euros
Together with the ISL, whose game operation lasts only three months, the I-League is the highest division in Indian professional football. Incidentally, only the I-League generates the annual participant in the attractive AFC Champions League. In the medium term, the world governing body FIFA plans to merge the two leagues.
this is translated from FC Basel article
is this deal incorporated on the basis of "annual participant in the attractive AFC Champions League" and being "highest division" ? I mean what will happen if none of these things will be there next year
Ramesh also said that the partnership with Basel does not mean that the club was looking to leave I-League. “Absolutely not. We are not looking to be part of Indian Super League next season. I think we will play league one,” he said.
Also this
The details of the tie-up, including the amount invested by FC Basel, however, were not revealed by the two clubs.
@thebeautifulgame ; Has this ever happened before (except Juventus as that was match fixing)? Someone wins the top division league but gets relegated..Hilarious
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20 million Euros for 35% stake is laugh worthy considering the fact Basel who regularly feature in UCL and sell players for 10 million+ regularly are valued 48 million euros
this is translated from FC Basel article
is this deal incorporated on the basis of "annual participant in the attractive AFC Champions League" and being "highest division" ? I mean what will happen if none of these things will be there next year
https://www.fcb.ch/de-CH/News/2019/02/04/Der-FC-Basel-1893-engagiert-sich-beim-Chennai-City
https://www.goal.com/en-in/news/i-league-fc-basel-acquires-26-shares-in-chennai-city-fc/1d7fgytfhh1h71pxogh5ja2igd
Ramesh also said that the partnership with Basel does not mean that the club was looking to leave I-League. “Absolutely not. We are not looking to be part of Indian Super League next season. I think we will play league one,” he said.
Also this
The details of the tie-up, including the amount invested by FC Basel, however, were not revealed by the two clubs.
https://scroll.in/field/912238/football-switzerland-giants-fc-basel-to-acquire-26-stake-in-i-league-club-chennai-city-fc