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ATKMB's 2020/21 financial report covers a season when they reached the ISL finals and finished second in the league table. Further, it was the first year of the existence of ATK Mohun Bagan Private Limited. Their financials are explained below! #IndianFootball #ISL #ATKMB
Kolkata Games and Sports(KGSPL) created a joint venture with Mohun Bagan AC in June 2020 to form ATK Mohun Bagan Pvt Ltd. KGSPL is a subsidiary of RPSG Group. 80% of the shares are held by KGSPL and APA Services under the umbrella of RPSG while 20% is held by Mohun Bagan AC.
After the pandemic influenced ISL, ATKMB's pre-tax losses amounted to 4.5crs. They however generated revenue close to 54 crores while operating expenses exceeded 55 crores. ATKMB also made a 2.5 crore loss on intangible assets like player sales etc. Losses after tax was 5cr.
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