# Tata Steel Sells Jamshedpur FC To Churchill Brothers For Rs 100 2026-08-14T08:17:44+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 3 independent outlets Tata Steel has approved the sale of its entire 100% stake in Jamshedpur Football and Sporting Private Limited, which owns Jamshedpur FC, to Goa’s Churchill Brothers Sports Club for Rs 100. The deal covers 4.08 crore shares, the club’s Indian Super League licence, and contracts for 12 players and two coaches. It still needs All India Football Federation approval and other conditions, with completion expected by August 31, Times Now News and The Times of India report. The transfer ends Tata Steel’s direct ownership of the ISL club. The company said it would continue grassroots and youth football through the Tata Football Academy, founded in 1987. The academy has trained more than 300 cadets, including around 150 who represented India. JFSPL reported Rs 32.23 crore revenue in FY26 and a negative net worth of Rs 5.8 crore, Times Now News reported. ## Coverage - ndtvprofit.com - ndtvprofit.com - timesnownews.com - timesofindia.indiatimes.com Tags: Churchill Brothers, football, ISL, Jamshedpur FC, Tata Steel Canonical: https://indianopinion.org/tata-steel-sells-jamshedpur-fc-for-rs-100-quits-isl/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/tata-steel-sells-jamshedpur-fc-for-rs-100-quits-isl/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.