At a time when football clubs are gasping for breath in India due to a lack of profits and heavy losses, Hyderabad have wrapped up an excellent bit of business in the transfer market.
The Nizams have received INR 1.2 Cr (approximately) for the sale of one of their hot prospects in 22-year-old forward Liston Colaco.
The former Goa player had a contract that ran till the end of next season but Bagan came in with an offer that included a record-breaking transfer fee and Hyderabad FC, co-owned by Varun Tripuraneni, did well to accept it and let the player leave.