Overview
- Mumbai City FC confirmed CFG has divested its 65% holding, with Ranbir Kapoor and Bimal Parekh resuming full ownership.
- The group said a comprehensive commercial review, alongside doubts over the ISL’s next phase, drove the decision.
- The ISL’s 2025–26 season remains on hold after the AIFF–FSDL agreement lapsed and a Supreme Court‑supervised tender attracted no bids.
- A club proposal to run the league themselves did not win approval from AIFF bodies, leaving governance and timelines unresolved.
- Under CFG since 2019, Mumbai City won two League Winners’ Shields and two ISL Cups, as CFG now signals it will maintain other partnerships in India.