Foreign MNC buys stake In Shillong Lajong

New Delhi: I-League club Shillong Lajong FC created history when they attracted a foreign investor to buy stake in their club. This is the first time a foreign company is investing in any of the I-League clubs.


Anglian Holdings a multinational company (MNC) owned by an NRI Uday Narang also a part owner of Denmark first division club FCV Vikings announced their acquisition of stakes in the club from North East India on Wednesday. The association will facilitate transfer and exchange of knowledge and expertise between Shillong Lajong and FCV at the player and coach levels and it aims to set up a world-class academy in India with technical expertise from Europe.


Dhruv Ratra, CEO Sports and Marketing, Anglian Holdings said, "Our association with football stems from our deep-rooted passion for the sport that all of us at Anglian share, coupled with the desire of seeing Indians compete and do well at the highest levels. We would be actively looking at scouting, training and promoting Indian football talent, using Shillong Lajong FC and FCV Vikings as channels to take Indian football to the world.


"We are extremely grateful to Shillong Lajong FC and FCV Vikings for providing us with the opportunity to work together in this endeavor," he said.


Commenting on the alliance, Shillong Lajong General Secretary Larsing Ming Sawyan said that he was delighted with the move and believes that this the move is a step in the right direction as far Indian football is concerned.

By Indian Sports News Network