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KOCHI: The Kolkata-based conglomerate Chirag has taken a major stake in Viva Kerala, Kerala's lone I-League team. The deal has brought in big money to the Kochi-born, Kannur-based club but along with it comes a change of name.
“Chirag will have a major stake in the club and the name has been changed to Chirag Kerala,” said P. Bhaskaran, the Managing Director of Viva Kerala, from Mumbai on Tuesday night, after holding preliminary discussions with Chirag officials. “It will be the major shareholder and will fund the club this season.”
This means that the club will have a big budget this season.
“Money will not be a problem this season, we can try to get some good players this time,” said Bhaskaran. There could also be a change of venue this season. “They want to take it to Kolkata but that may not happen this season. We either have to rectify all the problems we have in Kannur or take it elsewhere,” said Bhaskaran.
The deal with Chirag is for one year. And Bhaskaran indicated that Chirag will play a bigger role after that. — Special Correspondent
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