BTW, just to put it in perspective. 20 crore from what I can gather is equal to around ~$3,200,000. That is less than the MLS salary cap (not that much) but bigger than the A-League (maybe close to $2,000,000 over what the salary cap is in the A-League).
ayers. ISL TO HAVE PLAYER AUCTION Indian Super League will have an auction for Indian players who have played in the senior national team but missed out on the inaugural ISL season. Each club will be eligible to add only one such player from the auction list consisting of maximum 12 to 15 players. Those not picked through auction will form part of the Domestic Players Draft. Commenting on the development, an Indian Super League spokesperson said, “The new set of rules are defined to encourage clubs in player retention, assist them in managing the player costs and provide a level playing field for each club to prepare for the second season with a reasonable and broadly equitable chance of winning the ISL 2015. “The inaugural year of the ISL brought to fore many new faces of Indian football other than the known international names. The League encourages the Clubs to retain such players to help them build an identity and fan base.”
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ISL TO HAVE PLAYER AUCTION
Indian Super League will have an auction for Indian players who have played in the senior national team but missed out on the inaugural ISL season. Each club will be eligible to add only one such player from the auction list consisting of maximum 12 to 15 players. Those not picked through auction will form part of the Domestic Players Draft.
Commenting on the development, an Indian Super League spokesperson said, “The new set of rules are defined to encourage clubs in player retention, assist them in managing the player costs and provide a level playing field for each club to prepare for the second season with a reasonable and broadly equitable chance of winning the ISL 2015.
“The inaugural year of the ISL brought to fore many new faces of Indian football other than the known international names. The League encourages the Clubs to retain such players to help them build an identity and fan base.”
http://m.indiansuperleague.com/press-releases/1976-isl-governing-council-presents-regulations-for-player-retention
ISL salary cap will be 5 Crores since marquee out of salary cap
chennai got foriegners from draft for 2.4 Crores Indians fr 1.7 Crores i think