Rs 100 deal! Tata Steel approves sale of Jamshedpur FC to Churchill Brothers

PANAJI: Tata Steel on Friday approved the sale of its entire 100% stake in Jamshedpur Football and Sporting Pvt Ltd (JFSPL), the company that owns Jamshedpur FC, to Goa-based Churchill Brothers Sports Club for a nominal token consideration of Rs 100.The decision was approved by Tata Steel’s Committee of Directors overseeing the divestment at its meeting. The stake comprises