Tata Steel clarifies Jamshedpur FC's ISL exit isn't due to financial issues
Following Jamshedpur FC's announcement that they will step away from the ISL starting with the 2026-27 season, DB Sundara Ramam, Vice-President of Corporate Services at Tata Steel, stated that the move was decided by the company's board. He emphasized that the choice has "no connection of any kind with any financial irregularity or discrepancy." Previously, the club had missed the payment for the initial ₹55-lakh installment of the participation fee.