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Coimbatore Well-Wisher
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I think CBE is the only 2 million plus city in India which doesn't have an international cricket stadium. The former BCCI president did nothing to improve the same and claims that he is happy on the progression of other districts. :bash:
It's very clear that he is not an visionary and his vision is only on Chennai, CSK and India Cements grounds. Typical Chennai person. :eek:hno:
 

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cbe admirer
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Coimbatore based Chennai city FC is going to tie up with one of the Swiss top division club FC Basel. Swiss gaint will acquire shares of CCFC and it is one of the biggest acquisition in Indian football.
As per reports they are ready to rename the club as Coimbatore FC and will bid for ISL next season from Coimbatore.

https://thefangarage.com/articles/16166-exclusive--fc-basel-to-acquire-controlling-stakes-in-i-league-leaders-chennai-city-fc
No where in the report it is mentioned that the franchise will be renamed as coimbatore fc ...as per my perception chances for renaming is very slender ..if happens so, it will be a game changer for cbe in sporting arena.
 

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Coimbatore Well-Wisher
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No where in the report it is mentioned that the franchise will be renamed as coimbatore fc ...as per my perception chances for renaming is very slender ..if happens so, it will be a game changer for cbe in sporting arena.

They can't rename in i-League from Chennai City FC (CCFC) to Coimbatore City FC as there are some restrictions but if they bid for ISL as new team then new team can be named as Coimbatore FC. FYI - Chennaiyin FC (CFC) which is in ISL is owned by Bachchan Family and Dhoni.
 

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No where in the report it is mentioned that the franchise will be renamed as coimbatore fc ...as per my perception chances for renaming is very slender ..if happens so, it will be a game changer for cbe in sporting arena.
BREAKING: FC Basel set to become owners of Chennai City FC.

Coimbatore: I-league outfit Chennai City FC is all set to see a major breakthrough as the club is set to see one of the biggest clubs of Switzerland, FC Basel, become the owners of the club. The Swiss club is reportedly set to invest 15 million Euros in the club and besides this, there will be an exchange of coaching facilities and players between the two sides.


With the top European outfit as their owners, Chennai City FC is also reportedly set to change their name and bid for an Indian Super League spot from Coimbatore.

The official announcement of the new ownership will take place at a press conference with FC Basel President Bernhard Burgener and Managing Director Roland Heri in New Dehli on February 6. Senior AIFF officials including president Mr Praful Patel and general secretary Mr Kushal Das may also be present as guests at the event.

http://www.indifoot.com/Blogs/blogDescription?blog_id=345
 

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Coimbatore Well-Wisher
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With SNR is ready for TNPL from this year, if the news is true and if they bid in ISL with Coimbatore as base, it will be good for the city in multiple ways. More passenger traffic for airport, hospitality industry, international brand value etc etc. Also they will plan for a full-fledged new stadium for them to own as the current football stadium is owned by CBE Corp.
 

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FC Basel Holding AG have picked up a 26% stake in Chennai City FC and the investment capital is reportedly around € 20 million (INR 160+ crores).
They will work with Chennai City in developing, training and scouting local talent and will help set up a youth academy in Coimbatore. They are also expected to launch soccer schools in Tamil Nadu.
 

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madrasi
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FC Basel Holding AG have picked up a 26% stake in Chennai City FC and the investment capital is reportedly around € 20 million (INR 160+ crores).
They will work with Chennai City in developing, training and scouting local talent and will help set up a youth academy in Coimbatore. They are also expected to launch soccer schools in Tamil Nadu.
wow , does this mean that the franchise is worth 100 million euros ?
 

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Coimbatore Well-Wisher
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http://www.navhindtimes.in/chennai-city-tie-up-with-fc-basel-focus-on-i-league/

Chennai City tie up with FC Basel; focus on I-League

It has been quite a memorable season for Chennai City FC till now. The Coimbatore-based club has impressed everyone with their brand of football and with 30 points from 14 matches, they are currently second in the I-League with Churchill Brothers hot on their heels and just below Real Kashmir FC.

While the fate of the season will be decided after six more rounds, Chennai City FC has already taken a big step in strengthening their future. The club announced a partnership with reigning Swiss champions FC Basel in New Delhi on Wednesday with the latter acquiring 26% stakes in Chennai City.

The partnership focused mainly on cooperation for setting up among other things, a best-in-class Residential Youth Academy in Coimbatore, Tamil Nadu and rolling out Soccer Schools across the State in Phase-1. While the amount of investment was not revealed by both parties, it is the first time that foreign investment in terms of acquiring ownership in an Indian club took place in that manner.

Ahead of the announcement, there were rumours that with Indian football likely to have only one league from next season, the investment might pave the way for Chennai City FC to bid for a place in the Indian Super League (ISL). However, club owner Rohit Ramesh denied any such possibility.

“To be very honest, playing in the ISL is not on the cards at all. We are happy where we are and we are focused on the remaining six games in the I-League season. Our focus is on improving our infrastructure and we are not looking to join the ISL any time soon,” Rohit told the media in the press conference.

With a major restructuring in Indian football on the cards, there is a chance that I-League can be relegated to being the second tier competition but Rohit is not bothered by the possibility. The Chennai City FC owner said that he knows there will be some challenges but they are ready to face them.

The other issue that Chennai City FC has faced since its inception is the inability to play their home games in Chennai. With ISL side Chennaiyin FC playing their games at the Jawaharlal Nehru Stadium, the I-League matches were held in Coimbatore. When asked about a possible shift of venue in the future, the club made it clear that they are happy with their current situation and are not looking for a change.

“I have not thought about it (shifting to Chennai). As of now, we are based in Coimbatore and will continue to do so. “At Coimbatore, the costs cut down to half when it comes to facilities. Also, since the city is in the middle of Tamil Nadu, it’s convenient to reach out to fans of Tamil Nadu,” he explained.
 
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