PHL license-holders pledge Rs 240 crore to help sport at grassroots level
The upcoming Premier Handball League license-holders, Bluesport Entertainment Pvt Ltd, have promised to invest Rs 240 crore to bolster the sport in the country, a proposal that has been welcomed by the national federation. The company said it will fund the growth of both men's and women's handball in India in the next five years, "providing it with a much-needed boost not just at elite level but also at the grassroots".