DEAL DETAILS
Khaitan & Co advised BC Jindal Group and Jindal Football Private Limited in relation to acquisition of the Indian Super League (ISL) team, Hyderabad FC Sports Private Limited.
The core team consisted of Pashupati Nath (Partner), Ashraya Rao (Partner), Siddharth Marwah (Counsel), Pulkit Chaturvedi (Principal Associate) and Unnita Bhattacharya (Principal Associate).
Following members worked on the due diligence aspects: Shivani Devpura (Senior Associate), Jubin Jay (Senior Associate), Utsav Mitra (Senior Associate), Suryansh Srivastava (Associate) and Palak Aggarwal (Associate).
The Firm was involved in the following: (i) acting as legal counsel to Jindal Group for the overall transaction (including negotiating, drafting and reviewing the definitive agreements); (ii) undertaking due diligence on Hyderabad FC Sports Private Limited; (iii) assisting with execution of the transaction documents and closing activities; and (iv) advising on the Indian football regulatory framework.
Media Links / Press Releases
https://hyderabadfc.co.in/2024/announcement/bc-jindal-group-acquires-hyderabad-football-club/
https://khelnow.com/football/indian-football-isl-2024-25-hyderabad-fc-owners-bc-jindal-202408
https://www.news18.com/football/bc-jindal-group-acquires-isl-team-hyderabad-fc-9035963.html