History of Dempo S.C. Vasantrao Dempo, the chairman of the House of Dempo, extended his benefaction to football team in an extensive manner. Dempo then came at par with the other business houses, like Salgaocar, Agencia Commercial Maritima, Shantilal and Sesa Goa who had their own teams. Dempo Sports Club originally started as Bicholim Football Club but was then brought by Dempo Corporation founder Vasantrao S. Dempo in 1967 and then he renamed the club Dempo Sports Club. After being brought by Dempo Sports Club the club went on a spending spree and signed Olavo Pereira, Felix Barreto, Socorro Coutinho, Ramesh Redkar, Socrates Carvalho,
1998 Indian Federation Cup South. He added that the qualifying rounds would be played on a knock-out basis, and that top two teams from South Zone and the winners of the four other zones would qualify for the tournament proper, while the other two would come from a play-off among runners-up of the four zones. Salgaocar, East Bengal, Mohun Bagan, Mohammedan, Border Security Force, Indian Telephone Industries, Dempo and Churchill Brothers were announced as the eight seeded teams. A report carried by "Sportstar" said that the teams were seeded based on their quarter-final entry in the previous edition. The qualification round saw 37 teams