Soccer Startup Aims To Induce Global Practices In India

Printer Print Email Email


KOLKATA: A sports startup, aimed at football, is trying to introduce matured global practices in grooming talent through a business model, in association with corporates in India. 

The startup, part of Ekalavya Sports and Skill Development, owned by former national football player Kalyan Chaubey, with 21 years of footballing, sold-off his two houses to finance the 12.5 crore mega football academy at Sambalpur, Odhisa.

"We are trying to bring in global practices for grooming talent for soccer at Sambalpur. In order to make the project sustainable, we are looking at shaking hands with corporates," Chaubey told PTI. 

With advent of Indian Soccer League (ISL) there is a severe crisis for quality players for the game and we have devised a business model for corporates which ranges from branding a football academy to sponsorships of players, he said. 

According to him, the Sambalpur facility is possibly India's largest football academy both in terms of area and facilities. 

The academy can accommodate 90 players in a year. 

"But we will groom 30 to 40 semi-skilled 19-year-old players engaged in under 19 clubs for free," Chaubey said. 

"They would be selected through our internal selection process. We would train them for two years to turn them ISL ready professional players while the rest can get training as per pay and play model," Chaubey said. 

"Considering these players command the minimum annual fee as players in ISL, corporates will able to make healthy profit from tranfer fees for sponsoring these free players during the training period besides branding," Chaubey said. 

In India, sponsoring players for transfer-fees when they turn professional players, is a new concept, he said. 

In order to strengthen it's technical capabilities, the academy is negotiating with a top global soccer club to sign an agreement. Dialogues are on and in an advanced stage, he said. 

Chaubey also said they are also open to offer co-owner rights of the academy and already holding discussion with a few corporate entities in this regard.



Read Also:
Techstartup.In on IBM Cloud Launched In Hyderabad
Amazon's Highly Anticipated Launchpad Program to Help Startups


Source: PTI
SPOTLIGHT
Startup City
Youth are leading India's start-up ecosystem where the median age of founder-entrepreneurs..
Finance
The Reserve Bank of India injected a total liquidity of Rs 2.98 lakh crore in the market in 20..
Technology
Facebook-owned messaging app WhatsApp is still developing its previously announced "Vacatio..
Entertainment
"Game of Thrones" author George R.R. Martin doesn't want season eight to be the final chapter of "..
Career
Wiley, a global leader in research and education has announced a series of blended learning progr..
US Indian
Facebook-owned photo messaging app Instagram has launched the beta version of its in-app sh..
Gadgets
Google Pixel and OnePlus smartphones are catching up and giving stiff competition to Samsu..
Business
The Pentagon has selected Microsoft and Amazon Web Services (AWS, the cloud computing arm ..
Enterprise IT
Taking on streaming giants like Netflix and Hulu, Walt Disney Co. has announced it will laun..