"If ISL is spending Rs 600 crore for development of Indian football, then why not spend few crores for establishing academies in their respective areas ... Eight franchisees ... Eight academies is a good idea," Nassiri told PTI in an exclusive interview here.
Nassiri is in the city as a part of Star Sports "Young Heroes" project which aims to handpick sixteen most talented football players from schools across fifteen different cities.
"Creating academies is the only way to develop Indian football. Nepal has four academies and India has only two, in spite of boasting of vast resources, wealth and talent," he said.
Around the world, many countries in Europe, South-East, Gulf and Asian countries players of international quality are produced through academies, Nassiri said.
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"ISL should also invest on untapped youngsters to develop them into world class players. I am not saying they should not do it for senior players of the established players. However, investing more on untapped youngster will develop Indian football," he said.
Asked if he will accept offer for coaching an ISL team, Nassiri said, "If anybody including ISL wants to develop football by tapping untapped school players I will be ready to work but will not if their focus is on already established players.