ISL does not have clubs mate, Its franchises. Not sure if u know this when u typed but rel img pulled in its known people and investors only when they started ISL.
So yeah all owners benami or not etc wont really get pissed when they dont breakeven even in season 5 as all the owners have a working relationship with Relimg beyond football too sometimes.
The main problem with ISL is the lack of compete transparency in accounts and ownership. That will sort it only some years down the line.
The main problem IMO is the financial structure. TV money is important yet STAR Sports are pretty much free owners (and thus have free, if not cheap, rights to the ISL). Doesn't help when sports television in India is pretty much a monopoly between STAR and SONY.
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So yeah all owners benami or not etc wont really get pissed when they dont breakeven even in season 5 as all the owners have a working relationship with Relimg beyond football too sometimes.
The main problem with ISL is the lack of compete transparency in accounts and ownership. That will sort it only some years down the line.
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