All India Football Federation (AIFF) President Praful Patel has congratulated the fans of both clubs after the Indian Super League team ATK became one of the biggest stakeholders in Mohun Bagan. RPSG Group, which owns ATK, said in a statement on Thursday that RPSG Group will buy 80% stake in Mohun Bagan, while Mohun Bagan has 20% stake in it.
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Congratulating the merger, Chairman Praful Patel said, "I congratulate the fans of ATK and Mohun Bagan on this merger. I am confident that officials of both clubs will do their work in the interest of fans and Indian football." " He said, "Personally, I have been of the opinion that a lot can be done by this if the corporates support something. I wish them all the best for this new merger."
ATK will have largest stake in Mohun Bagan, will buy 80 percent share
The new club formed by merging the two teams will come into existence from June 1, 2020, and will play together in the 2020-2021 season of ISL. In other important tournaments of the All India Football Federation (AIFF), both clubs will be seen playing as a team.
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