The All India Football Federation has invited bids from consulting firms to manage the process of awarding its commercial rights. Among its major requirements are a minimum annual turnover of Rs 100 crore in the last five years and prior experience of executing at least five such deals.
The AIFF has issued a Request For Quotation (RFQ) in this regard and the last date for submitting bids is September 14. The federation said the purpose of this RFQ is "to provide the bidders with information that may assist them in the formulation of their proposals".
The bidder must "be in existence and being in operation for at least five years and having prior experience of managing processes” for the award of commercial rights, the AIFF said in the RFQ.
The AIFF also made it clear it will not entertain bids from entities that are blacklisted or debarred by the central or state governments, or by any international or national sports federations.
"The selected bidder shall study the best practices of awarding rights like the commercial rights in football across the world and, in consultation with AIFF, determine the optimal basket of rights that will constitute the commercial rights, and the strategy to award such rights to third parties, in a manner most beneficial to AIFF, from an operational and financial perspective," it said.
Among other things, the work of the consulting firms will entail undertaking tasks such as "identifying and engaging with key stakeholders, preparing requisite documentation with detailed terms and conditions, and conducting background research and analysis for the preparation of the relevant documents, as and when required".
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