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Will the city team be Atletico de Kolkata?

Calcutta: After the Kolkata Knight Riders in the Indian Premier League, will it be Atletico de Kolkata in the soon-to-start Indian Super League (ISL)?

That, according to one well-placed source of The Telegraph, is “almost certain.” However, another source was more cautious: “Sure, that name has been talked about among the owners, but there are options.”

An announcement is expected on Wednesday, after the co-owners — Calcuttans Sourav Ganguly, Sanjiv Goenka, Harshavardhan Neotia and Utsav Parekh plus Atletico de Madrid — have “discussed everything” a day earlier.

Apparently, the four city-based co-owners need to “clear 20-odd things” with Atletico de Madrid, a headline-making institution in Europe. The franchise’s name features on that list.

One of the well-placed sources said: “Frankly, Sourav and the other co-owners only have an MoU with Atletico de Madrid, which came into the picture at a very late stage...

“An agreement between the four Calcuttans and the European giants (Atletico de Madrid have, incidentally, made the Champions League final) is the next step...

“Plenty of things have to be thrashed out, one being the name of the franchise. A high-powered delegation is coming on Tuesday and the discussions are expected to take time.”

One understands that the Atletico de Madrid owner, Miguel Angel Gil Marin, who is also the CEO, could be part of the delegation.

Sourav and Co. won the bid last month. Shah Rukh Khan is among those who lost out.

The ISL’s inaugural edition will be played between September-November. It’s an eight-team affair, just the way the Indian Premier League began, back in 2008.