Overview
- CFG confirmed it has divested its entire 65% stake in Mumbai City FC, with full ownership returning to Ranbir Kapoor and Bimal Parekh.
- The group linked the move to ongoing uncertainty around the ISL’s governance and commercial outlook following the expiry of the AIFF–FSDL agreement.
- The 2025–26 ISL season remains on hold, with no domestic league play since April 12 and no successful bid emerging from a Supreme Court‑supervised tender.
- ISL clubs’ proposals to self‑run the competition have not advanced, as the AIFF formed a committee instead of granting operational control.
- During CFG’s tenure from 2019, Mumbai City won two League Winners’ Shields and two ISL Cups, and CFG says it remains open to other partnerships in India.