In July 2019, RoundGlass Sports became a co-owner of Minerva Punjab after a merger deal was signed by both parties. They took charge of the various age-group teams whereas, the erstwhile management headed by Ranjit Bajaj continued to look after the operations of the senior team. After the previous I-League season, Bajaj sold his entire stakes to RoundGlass to cap off one of the most sensational deals in Indian football history.
Unsurprisingly, the change in management has also ushered in a change in policy and vision of the club. The new think-tank believes that participating in the Indian Super League (ISL) is the way forward to compete at the highest level.