Sports News | AIFF Disqualifies Hyderya FC from I-League for Producing Fake Bank Guarantee
Get latest articles and stories on Sports at LatestLY. The All India Football Federation (AIFF) has informed all the stakeholders of I-League Qualifiers 2021 that upon receiving several complaints regarding the genuineness of a bank guarantee submitted by Hyderya Sports Kashmir FC, the federation initiated an enquiry into the matter.
New Delhi [India], September 28 (ANI): The All India Football Federation (AIFF) has informed all the stakeholders of I-League Qualifiers 2021 that upon receiving several complaints regarding the genuineness of a bank guarantee submitted by Hyderya Sports Kashmir FC, the federation initiated an enquiry into the matter.
"The inquiry revealed that the bank guarantee so received was not genuine and that the bank guarantee was never officially issued by the bank named therein," AIFF said in an official statement.
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The bank guarantee was one of the mandatory requirements to be eligible to participate in the League, which was to be submitted within a specified timeline.
The said timeline now stands elapsed and the mandatory requirement has not been fulfilled by the said club. In light of the same Hyderya's participation in the League stands withdrawn with immediate effect.
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Furthermore, the AIFF reserves its right to initiate disciplinary proceedings against the club. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)