After becoming champions last season in the I-League, Punjab FC became the first Indian club to gain promotion
After a strong performance in the I-League last season, Punjab FC will now play in India’s top league without paying franchise fees.
In a surprising move, Punjab FC has announced its decision to pay the franchise fee. Although securing promotion from the I-League to the top-tier Indian Super League (ISL) they made this decision.
The club’s decision has caught many fans and experts off guard. Thus raising questions about the financial implications and the team’s commitment to its newfound position in the elite league.
“Despite not being obligated to make the payment, Punjab FC have decided to hand out the franchise fee to the Indian Super League”
– Khelnow
Punjab FC, formerly known as Minerva Punjab FC, had an exceptional campaign in the I-League last season. They finished at the top of the table. Their impressive performance earned them a promotion to the coveted Indian Super League, the country’s premier professional football league. The promotion came as a significant achievement for the club, and fans were eagerly anticipating their participation in the top-flight competition.
“The biggest reason behind this decision is that the club doesn’t want to miss out on the central pool revenue in the future,”
– Khelnow
All the money that the Indian Super League receives from sponsorship endorsements, advertisements, and pay-outs is aggregated on a revenue basis. After all match fees are paid, the remaining money at the end of the season is shared equally between all clubs.
Punjab paid the franchise just to take a share of the central pool revenue. Hence, now they will be provided with their share from the beginning of the season. Punjab FC’s pre-season preparations in India’s top flight are going well. Also, the club retained some key players from last season. However, to strengthen the team there were new signings.
Fans eagerly await the start of the Indian Super League. They just want to see how Punjab FC will fare against the seasoned giants of Indian football. Their decision to pay the franchise fee has already made headlines and garnered attention. Hence making them an intriguing team to watch during the upcoming season.
Punjab FC’s decision to pay the franchise fee despite promotion from the I-League has stirred significant interest. Everyone awaits to see how this decision will impact the team’s performance.
As the new season beckons, all eyes will be on Punjab FC as they embark on their journey in the Indian Super League.
