DSK Shivajians owner arrested in cheating case
What's the story?
DS Kulkarni, the owner of the DSK Shivajians, a team that featured in the 2015-16 edition of the I-League has been reprimanded after being caught in a cheating case and will serve a jail term having been refused interim bail.
Popularly known as DSK in his inner circles, Kulkarni is the chairman of DS Kulkarni Developers Ltd and is also the owner of the DSK Shivajians which is based in Pune, Maharashtra.
In case you didn't know...
Founded in 1987 by a team of six men in a bid to provident entertainment and a means of action for the local residents, the club featured in the Pune Football League for a long time prior to making their I-League debut in the 2015-16 season. They finished 9th place on the points table while ended up in the 7th position next season. The club is managed by ex-English footballer Dave Rogers.
Heart of the Matter
The Pune-based builder, who was staying in New Delhi during a business trip was arrested along with his wife in the wee hours of Saturday, only a day after he was denied an anticipatory bail.
This incident comes to light after the duo was accused of scamming the money of many investors which tallied up to Rs 230 crore in the past year which instigated the police department to track down the couple since November last year.
The Shivajians team, which has hosted big names such as Sandesh Jhinghan, Subrata Paul and Nirmal Chettri, also had a tie-up with Liverpool FC in a joint venture to develop an academy for grooming prospective talents.
If one is to go by the familiar tale of Vijay Mallya, the DSK Shivajians team could find itself in a spot of bother if the owner is to be reprimanded with some serious punishment.
While we wait and see what course of action is taken by the law, the future of the club, which was said to have been looking for an I-League comeback, now may hang in the balance.