India, March 6 -- The All India Football Federation (AIFF) said the ISL clubs proposed keeping 60% of any profit with the federation getting the rest. AIFF also said the clubs proposed the fine of Rs.1 lakh per day for breaching a pre-decided payment schedule.

"Both proposals came from the clubs at a meeting with us, one which was recorded," said Satyanarayan Muthyalu, the AIFF deputy secretary-general. He was reacting to a letter from 12 ISL clubs stating that AIFF would earn Rs.3.4 crore from broadcast rights sales while the clubs bear all operating costs.

Jamshedpur FC and NorthEast United have not signed the letter sent on Friday. HT has seen the letter.

Clubs also protested AIFF not sharing a draft of the Request for Proposal (RFP...