Iconic Kolkata football club Mohun Bagan on Thursday merged with ATK FC by selling the majority stake to the owner of the two-time Indian Super League winners. The merged club will come into existence in June and will compete in the ISL 2020-21. The two sides will, however, play separately in the current I-League and ISL seasons. Also Read - OFC vs MCFC Dream11 Team Prediction, Fantasy Tips Indian Super League: Captain, Vice-captain, Predicted XIs For Today's Odisha FC vs Mumbai City FC ISL Match at GMC Stadium, Bambolim 7.30 PM IST February 24 Wednesday

According to a release by Indian Super League on Thursday, the RP-Sanjiv Goenka Group, who are the principal owners of ATK, will acquire majority shareholding of 80 per cent in Mohun Bagan Football Club (India) Private Limited. Also Read - SCEB vs NEUFC Dream11 Team Prediction Indian Super League 2021: Captain, Vice-captain, Fantasy Playing Tips, Predicted XIs For Today's SC East Bengal vs NorthEast United FC ISL Football Match at Fatorda Stadium, Goa 7.30 PM IST February 23 Tuesday

“RPSG Group is humbled and honoured to welcome Mohun Bagan with folded hands and open arms to the RPSG family. Personally, it’s an emotional reunion for me as my father late RP Goenka was a member of Mohun Bagan,” chairman of RPSG Group Sanjiv Goenka said while announcing the merger. Also Read - BFC vs FCG Dream11 Team Predictions, Fantasy Football Tips For Indian Super League: Captain, Vice-captain, Predicted XIs For Today's Bengaluru FC vs FC Goa ISL Match at Fatorda Stadium 7.30 PM IST February 21 Sunday

“The new football club will have brand names of ATK and Mohun Bagan. This move will see the two football clubs coming together into a new merged identity to compete in the rapidly growing professional Indian football landscape,” a statement said.

The new name of the club, as revealed by Goenka, will be either ATK-Mohun Bagan or Mohun Bagan-ATK. He said the merger of two powerhouses from West Bengal holds an immense potential to take forward the rich football legacy of the state.

“Kolkata, popularly known as the mecca of Indian football, has ruled the sport for decades. The deal further promises to deliver a new and exciting element of football to the Indian fans,” Goenka said in a statement from the ISL.