Have decided to end my association with Kerala Blasters: Tendulkar
Tendulkar had 20% share in the club, but reportedly, the new owners have bought out all the shareholders of the club.
Tendulkar was with Blasters since their inception in 2014.
Further details follow.
Tendulkar confirms his exit from Kerala Blasters
What did the press release say?
Tendulkar's press release said that, over the past few years, Blasters were an integral part of his life and he had joined the team to reignite the passion for football, among Indians.
The Master Blaster also added that it was time for Blasters to take the next steps forward and plan for the coming five years.
Tendulkar also praised the fans for their support.
Who are the new owners of Blasters?
Lulu Group International, founded by Yusuff Ali MA, is the new owner of the Kerala Blasters.
Apart from Tendulkar, Hyderabad-based media house, Prasad Group's shares have also been bought by Lulu.
The Lulu Group International is a UAE-based conglomerate.
Its chain of Lulu Hypermarkets and Supermarkets is present all over the Middle East.
The group also owns the largest shopping complex in India.
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