New clubs would be exempt from relegation for 3 years, provided they fulfill all the norms set by the AIFF...
All India Football Federation on Thursday (April 18), released a tender notice, inviting bids for new Clubs to be a part of the I-League. The winning bidders will be granted the right to own and operate a new club which will ‘compete in I-League in each year from 2013 onwards and have the opportunity (if applicable and subject to qualification) to compete in the AFC Club Competitions.
The invitation to tender will be available on working days between 10am and 5pm at AIFF Headquarters, Football House. All bidding parties need to fulfill the eligibility criteria (Club Licensing) and other requirements specified.
The last date for submission is May 2, 2013 (before 5pm IST). The bids would then be evaluated by a Technical Evaluation Committee following which the results would be announced within a week from the last date of submission.
“It is AIFF’s endeavour to make the I-League strong and robust and for that it is imperative that clubs comply with the Licensing criteria specially with regard to infrastructure and Youth Development,” AIFF General secretary Mr. Kushal Das stated. “It is with this objective in mind that we are allowing direct entry into the I-League so that good infrastructure and Youth Development Academies can be established,” he added.
“This is in line with what was shared with prospective bidders in the two Open-House meetings which were held in Delhi and Dubai. We are confident of getting a very good response for the above,” Sunando Dhar, CEO, I-League maintained.
The objective of the AIFF is to induct new clubs in the I-League. The Request For Proposal (RFP), which could be obtained by a consortium by paying a fee of 1 Lakh rupees to the AIFF, is being offered on open tender basis to those agencies/companies who meet the requirements of requisite skills and expertise.
According to the rules and requirements given alongwith the notice, clubs would be exempt from relegation for a period of three ears, meaning they shall have a guaranteed presence of four years in the I-League.
However, they have to satisfy several norms, like building or leasing a stadium, with clubs getting a timeframe of 5 years to build their own arena. These new teams would also have to pay 3 crores per annum for 5 years to the AIFF.
The new clubs are also to be registered as a separate company with Registrar of Companies of India within 45 days of award of contract.
Successful bidder having net worth more than 500 crores will be required to submit a corporate guarantee for ensuring all necessary support to the new entity in meeting its obligation as described in this RFP document.
On the other hand, successful bidders having net worth less than 500 Crores will be required to submit a bank guarantee of INR 100 crores. This will have to be provided within 45 days of a letter of Intent by AIFF.
Successful bidder will be required to submit Performance Bank Guarantee for INR 15 crores in the form of Bank Guarantee (BG). The validity of Bank guarantee will be five years from the date of incorporation of new entity. This will have to be provided within 45 days of a letter of Intent by AIFF.
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