1. Corporate governance of Professional
football clubs: For Profit or for Glory?
PGP13112- Sahil Dhingra
PGP13113- Samarjyoti Das
PGP13114- Sankar S
PGP13115- Satya Prakash
PGP13116- Saurabh Anand
PGP13117- Senthil Kumar
PGP13118- Shital Kumar

2. Case Overview
 Commercialization of football
 Ownership and investment model of clubs
 Roles of FANS in running the clubs
 Struggle to enter professional business
 Frequent changes in kick off time
 Bankruptcy
 Supporter’s Direct and Tomorrow’s Company

3. Stakeholders, their ‘stakes’ &
legitimacy of the interest
 Players:- Recreation, livelihood, High Salary
 Fans:- Entertainment, Association,
 Owners:- Profit, Branding, Association, High
ticket prices, High Debt/Equity ratio
 Advertisers & Broadcasters:- Business, Promotion,
Kick off times
 Sponsors:- Self Branding, Association, Promotion,
 Merchandisers:- High prices

4. Key governance Issues
 Kick off time
 Scandals, Corruption
 Bankruptcy, high debt
 Role of Fans
 Struggle to enter world of professional business
 Shift from stadium to TV

5. Potential Solutions
 Fans led club regulated by govt. regulators
 Games for entertainment, not for money
 More adrenalin, less branding
 Lesser prize money, more recognition
 Nurturing local talent
 Alternative employment

6. Who should be ‘Owners’ and their
priorities?
 Fans owned like Bundes liga, Germany
 Nurturing local talent
 Owner’s eligibility
 Should have clean track record and not be governed
by profit only
 Cooperative model instead of company model
 Benchmarking with Amul, Grameen Bank
 Player’s stake in team instead of hefty fee.