Liston Colaco will remain a Hyderabad FC player until May 31, 2020, and will formally register himself in the All India Football Federation (AIFF) Centralised Registration System (CRS) on June 1.
Liston Colaco's move to the Mariners is also pegged to be the highest transfer fee ever paid for an Indian signing in domestic football. Independent reports suggest the fee involved in the move has boosted Hyderabad FC's finances by at least INR 1.2 crores, excluding taxes.
With a focus on long-term sustainability, Hyderabad FC agreed for Liston’s move in a deal that fetches the highest-ever transfer fee received for an Indian player,'' read a statement from Hyderabad FC.
Liston Colaco was one of the many young Indian stalwarts at Hyderabad FC in the 2020-21 season. The Goan winger often came on as a substitute in the final few minutes of the game, and helped his team pick up three points out of the blue. He scored twice and registered three assists in the previous season.
Liston Colaco will join the likes of Roy Krishna, Manvir Singh, and David Williams in the ATK Mohun Bagan FC attack.
Liston Colaco started his career with Salgaocar
Colaco began his professional career with Goa Pro League (GPL) side Salgaocar FC before moving to FC Goa Reserves. He rose through the ranks of the ISL team before making the move to Hyderabad FC last year. After an impressive ISL 2020 season, the right-winger will now play for Kolkata-based side ATK Mohun Bagan FC.
ATK Mohun Bagan FC will begin their AFC Cup campaign in May, and Liston Colaco will not be part of the group stage as player registration only resumes in the knockout stages.