The club can escape the transfer ban only when the buyers from Hyderabad form a new entity...
Administrative issues coupled with an unfortunate chain of events have led the FC Pune City management to a point of no return. One of the founding members of the Indian Super League (ISL), Pune City becomes the first of its kind to shut down first team operations.
Principally owned by the Rajesh Wadhawan Group, Bollywood actor Arjun Kapoor also has stakes at the club. With DHFL (Dewan Housing Finance Corporation), the primary operating company of the Rajesh Wadhawan Group facing financial turmoil since the last year, it has become untenable for the current set up to lead the club into the future.