“The existing 80% shareholders of Kerala Blasters FC, comprising of IQuest, Mr Chiranjeevi and Mr Allu Arvind have entered into a definitive agreement to acquire Mr Sachin Tendulkar’s 20% stake in the club.

Any other news regarding the shareholding is purely speculative in nature.

Sachin has been a great support and we thank him for his immense contribution to Kerala Blasters. He will forever be a member of the Yellow Army.

As it has been, we will continue to uphold and take forward, the spirit of the sport, spirit of the fans and the spirit of Kerala.”