Pailan Group today categorically stated that they have no plans to withdraw their support to the AIFF developmental side but acknowledged that there was a financial dispute with the game's body and they expect an early resolution.
Media reports had claimed the group may end their association with the side, Pailan Arrows.
A senior AIFF official was quoted as saying that the football team is yet to play around 70 lakh sponsors' payment. Pailan Group shot back and said that the AIFF also owed them Rs 44 lakh.
"It is true that Pailan Group has to settle the due of 70-lakh odd rupees with the AIFF. But it is also true that the AIFF has a long overdue of INR 44 lakh to help run the FIFA-AIFF Pailan Football Academy. We never said we would not settle the dues but we're also expecting a payment of INR 44 lakh," the corporate group said in a release.
"Pailan Group has taken a vow to not slip from its resolute commitment to the Pailan Arrows project and is confident that a situation, calling for dismantling of the team will not arise," the release added.
