Kerala Blasters Get New Owners, Al Fursan to Complete Takeover in 8 Months
The phased transfer will hand day-to-day control to the new group while preserving operations and keeping home matches in Kochi this season.
- On Tuesday, Kerala Blasters Football Club announced its sale to the UAE-based Al Fursan Sports Investment Group, with Magnum Sports Private Limited entering a definitive agreement to transfer 100% ownership in phases over the upcoming season.
- Following a decade of ownership, Magnum Sports stated the decision to sell came after 'considerable thought,' while shareholders expressed confidence the new group would build upon a 'stronger club, with solid foundations.'
- CEO Abhik Chatterjee confirmed on Tuesday that Kerala-based Offioh Sporty India Private Limited will handle commercial and operational activities, with Ofioh CEO Thameem Anwar and Sharath Kuniyil overseeing daily operations.
- The Blasters will play home matches at Kochi's Kaloor Stadium, officially the Jawaharlal Nehru Stadium, this season, though Anwar revealed plans for a potential new stadium because current facilities do not match FIFA standards.
- Seeking to reassure the Manjappada, Anwar asked supporters to 'Just wait and see' as the team begins its campaign against Inter Kashi on October 11, following a training camp in Chennai starting this Wednesday.
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14 Articles
Al Fursan takes over Kerala Blasters FC in phased acquisition
UAE-based Al Fursan consortium, led by Sheikh Ahmad bin Faisal Al Qasimi, has announced the acquisition of Indian Super League club Kerala Blasters FC from Magnum Group. The ownership transfer will occur in phases, concluding by the end of the 2026-27 season, with new management taking over for the upcoming season.
Kerala Blasters confirm 100% sale, UAE-based group linked to takeover
Kerala Blasters have completed a major ownership change as Magnum Sports conclude the club's complete sale to a new group reportedly led by UAE-based Al Fursan Sports Investment. The transition will unfold through the 2026-27 season.
Kerala Blasters sold by Magnum Sports ahead of ISL 2026-27 season
While the identity of new owners have not been announced, the Blasters said that the ownership group will take over all day-to-day operations and the transfer of hands will take place in phases across the season.
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