Indian entrepreneur Jai Agarwal acquires majority stake in Portugal's Guarda FC

Indian entrepreneur and football enthusiast Jai Agarwal has acquired a majority stake in Guarda FC, a fourth-division Portuguese football club. As part of the new ownership structure, Agarwal has also been appointed the club's CEO. "My ambition is to help it grow sustainably while also creating opportunities for talented young footballers from Asia to experience European football," he said.