Sachin confirms sale of stake in Blasters
Sachin Tendulkar Sunday said “a piece of my heart will always beat” for Kerala Blasters, after selling off his stakes in the franchise before the start of the new Indian Super League football season.
“In its fifth year, it is important that the club puts the building blocks for the next five years and beyond. It is also a time for me to reflect on the role that I should play. After reflecting and much discussion with my team, I have decided to exit my association with Kerala Blasters as a co-promoter,” Tendulkar said in a statement.
“I strongly believe that Kerala Blasters is in very good shape and on its path to attain many more successes with the backing of its fans offering unconditional support. I am very proud of Kerala Blasters and a piece of my heart will always beat for the club.”
Tendulkar has been associated with the franchise since its inception in 2014.
“The existing 80 percent shareholders of KBFC comprising IQuest, Mr Chiranjeevi and Mr Allu Arvind have entered into a definitive agreement to acquire Sachin Tendulkar’s 20 percent stake in the club, the Kerala Blasters later said in the statement.
“Any other news regarding the shareholding is purely speculative in nature. Sachin has been a great support and we thank him for his immense contribution to KBFC .”
NEW DELHI: