In a significant development for the Indian Super League (ISL), Jindal (India) Limited has announced its role as the principal sponsor of Hyderabad FC for the 2024-25 season. The sponsorship agreement comes as a much-needed lifeline for the club, which faced financial turmoil that jeopardized its participation in the upcoming season.
A spokesperson from Jindal (India) Limited emphasized the company’s aspirations to empower Hyderabad FC to achieve excellence, not only on the football field but also in its overall operations. Both organizations share a commitment to fostering growth and excellence in their respective domains, while prioritizing teamwork and perseverance. The sponsorship also aligns with Jindal’s dedication to supporting community development, promoting fitness, and fostering collaboration.
Hyderabad FC’s participation in the ISL hung in the balance due to financial challenges that resulted in unpaid salaries for players and staff. The club faced sanctions and a tight deadline to secure a new sponsor, which would provide much-needed financial stability and allow them to compete in the league.
The sponsorship from Jindal (India) Limited represents a significant boost for Hyderabad FC, both in terms of financial security and brand recognition. A spokesperson from the club expressed that the association with a reputable company like Jindal will strengthen their standing among existing and potential stakeholders. This partnership is anticipated to provide the club with the necessary momentum to continue striving for success in the Indian football landscape.
The arrival of Jindal (India) Limited as the principal sponsor is a positive development for Hyderabad FC and the ISL as a whole, ensuring a more stable and competitive season ahead.