Football in India
The Indian Super League, a tournament just recently recognized by AFC or FIFA, was founded in 2013 in an effort to make football a top sport in India and to make Indian football a major player worldwide. The league operates along the lines of the Twenty20 cricket Indian Premier League, and Major League Soccer of the United States. Unlike the vast majority of football leagues around the world, the ISL does not use the promotion and relegation system. Instead, it uses an American style franchise system in which ten teams were specifically created to participate in the league. Each team in the ISL is composed of players from I league or state league, apart from the foreigners who may or may not be a part of the I league. Recently it was recognised as the second national league in India, which means ISL champions from 2017–2018 leagues will be eligible for an AFC Cup qualifying slot
ATK (football club)
In March 2014, it was announced that the All India Football Federation, the national federation for football in India, and IMG-Reliance would be accepting bids for ownership of eight of nine selected cities for the upcoming Indian Super League, an eight-team franchise league modeled along the lines of the Indian Premier League cricket tournament. On 13 April 2014, it was announced that Sourav Ganguly, Harshavardhan Neotia, Sanjiv Goenka, Utsav Parekh, and Spanish La Liga side Atletico Madrid had won the bid for the Kolkata franchise. It turned out to be the most expensive franchise, being purchased for 180 million (around US$3 million). On 7 May 2014, the team was officially launched as Atlético de Kolkata.