Mumbai, 5 April 2014

IndiaWin Sports Pvt. Ltd. has received several media queries over the last few days on whether we have bid for a franchise in the Indian Super League. Most of these queries are specific to the interest IndiaWin Sports ‘must’ have in being a ‘League Partner’ for the city of Mumbai.

Reliance Industries Limited (RIL) or IndiaWin Sports Pvt. Ltd., which owns the IPL franchise Mumbai Indians, wishes to state that we have not bid for a franchise in the upcoming Indian Super League.

Indeed, Indian Super League provides a promising opportunity for a sports brand to develop unique connect, brand extension and value creation. However adhering to the highest standard of corporate governance and transparency, and in the larger interest of the sport, the management at IndiaWin Sports had taken a conscious decision not to participate in the bidding process.