Photo: Indranil Bhoumik/MintKolkata: Sanjiv Goenka has bought out Atletico Madrid’s stake in ATK, the team that was formerly known as Atletico de Kolkata and was launched in 2014 to represent Kolkata in the annual Indian Super League (ISL) football tournament. But following the separation, it is not clear whether the team can use its former name, Atletico de Kolkata. Atletico Madrid had a 25% stake in Kolkata Games and Sports Pvt. Goenka confirmed that he had taken over Atletico Madrid’s stake in ATK “sometime last year”. From last year, Goenka has taken interest in table tennis—he brought a franchise in the Ultimate Table Tennis league.

Source: Mint May 14, 2018 20:26 UTC