Mumbai, December 27: City Football Group (CFG) has divested its shareholding in Indian Super League (ISL) club Mumbai City FC, citing growing uncertainty surrounding the future structure and commercial sustainability of Indian domestic football. The move marks a significant development for the league, which has been facing concerns related to governance, revenue models and long-term planning.
Sources familiar with the matter said CFG’s decision was influenced by the lack of clarity over ISL’s roadmap beyond the current cycle, including broadcasting arrangements, financial stability of clubs and overall league expansion plans. Mumbai City FC, which enjoyed success under CFG’s ownership including ISL titles and continental participation, will now transition to new ownership as stakeholders reassess their investments in Indian football.
Industry experts believe CFG’s exit could prompt wider discussions among ISL stakeholders regarding reforms needed to ensure stability and investor confidence. The development comes at a time when Indian football is seeking stronger institutional support and a clearer long-term vision to sustain growth and competitiveness at both domestic and international levels.
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