Mohammedan Sporting -- one of the country's oldest soccer clubs -- has decided to temporarily close down its football wing following financial difficulties.
The 123-year-old club has been unable to pay salaries to its players, support staff and other employees for the past three months. The club working committee decided not to take part in major tournaments like I-League second division and Durand Cup in the coming season.
However, club president Sultan Ahmed categorically said that Sporting was not winding up.
"We are facing financial difficulties. We will work on our infrastructure improvement plan. From 2015-16 we will again take part in second division I-League," he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app