PUNJAB FC are the latest entrant to the Indian Super League from the upcoming 2023-24 season onwards. Punjab FC becomes the first club to be promoted into the ISL, owing to their title winning 2022-23 I-League campaign.
Indian Super League Spokesperson said, “We are delighted to welcome Punjab FC to the Indian Super League family. Punjab FC’s promotion to ISL will further expedite the growing fan affinity and footprint of the game in India. It brings a new wave of enthusiasm, talent and determination into the league, representing the passionate football fans from Punjab. As ISL celebrates its 10th year this season, the league remains committed to delivering on its promise of fostering an inclusive and strong league ecosystem aimed at taking Indian football to new heights.”
A report in Khelnow said that the club has decided to pay the franchise fee though they didn’t have to do it becuase they had been promted directly to the league as winners of the I-League. But without paying the franchise fee, Punjab would not have been allowed to take a share from the central pool revenue, but now since they will pay the required fee, the club will rightfully be given their share of revenue starting from this season, the report added.
All the money that the Indian Super League procures from its sponsorship deals, broadcasting deals and payments, are put together in the central pool revenue. Once all the expenses of the League are met, the remaining money left in the pool after the end of the season, is equally distributed among all the clubs.
