Al Fursan Group to acquire 100% of Kerala Blasters FC from Magnum Sports in phases over eight months
30 September 2026
Kerala Blasters FC announced on 29 September 2026 that its owner Magnum Sports Private Ltd has signed a definitive agreement to sell 100% of the club, the Kochi-based Indian Super League side, to Dubai-based Al Fursan Group.
The transfer will be completed in phases over eight months.
The group is led by Sheikh Ahmad bin Faisal Al Qasimi, and Ofioh Sporty has been appointed operational partner.
Ashley Westwood continues as head coach for the 2026-27 season.
Buyer:
Al Fursan Group
Seller:
Magnum Sports Private Ltd
Stake:
100%
Time to complete:
Eight months
Head coach:
Ashley Westwood
Why it matters for exams: Ownership of Kerala's flagship ISL club and sports-business developments feature in Kerala PSC sports and current-affairs papers.
Kerala PSCUPSC