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Kerala Blasters sold to UAE-based Al Fursan Sports Investment Group; to build new stadium

Kerala Blasters FC has officially entered a new ownership era, with current owners Magnum Sports Private Limited agreeing to sell 100% of the club to UAE-based Al Fursan Sports Investment Group.

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Kerala Blasters sold to UAE-based Al Fursan Sports Investment Group; to build new stadium

The agreement was announced on Tuesday, ending weeks of speculation over the future ownership of the Indian Super League (ISL) club. The transaction will be completed in a staggered manner over the course of the 2026–27 season.

Al Fursan is linked to the Al Qasimi royal family of Sharjah, with reports identifying Sheikh Ahmed bin Faisal Al Qasimi as the figure leading the investment group. The acquisition brings Gulf-based investment back into the ISL following the exit of City Football Group from Mumbai City FC.

As part of the transition, Kerala-based Offioh Sporty India Private Limited will handle the club's commercial and operational activities during the current season, according to the club's management.

The new management has indicated that Kochi will remain Kerala Blasters' home base for the ongoing ISL season, with home matches continuing at the Jawaharlal Nehru Stadium in Kaloor. Discussions with the Greater Cochin Development Authority regarding the stadium will continue.

The new ownership has also revealed plans to explore the construction of a new stadium meeting FIFA standards, although details regarding its proposed location have not yet been disclosed.

The takeover marks a significant change in the ownership structure of one of the ISL's most prominent clubs, while the team is set to continue operating from Kochi.

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