The six-team league, featuring a host of international players in the twilight of their careers, was launched with the hope of replicating the success of the Indian Premier League Twenty20 cricket tournament.
However, denied grounds by the West Bengal state government, the PLS missed its original March 24 start and AIFF secretary general Kushal Das said the first edition had been shelved.
"It has been cancelled, this is what IFA (Indian Football Association) has told us," Das told Reuters.
"We sanctioned the event long back but AIFF is not managing it, IFA is. It's for them to decide."
"It will happen this year and we will make an announcement soon," Ganguli told Reuters from Kolkata.
"The IFA secretary is in touch with the West Bengal sports minister and grounds are likely to be available from August. We are now looking at October-November," Pandey told Reuters.
Nearly 120,000 fans gave a memorable reception to Oliver Kahn in the German goalkeeper's 2008 Bayern Munich swansong in Kolkata and Argentina great Diego Maradona almost brought the city to a standstill during his visit in the same year.
Franchises spent nearly $7 million in the January 30 auction of PLS players and coaches where Argentine Hernan Crespo proved the league's hottest property, fetching $840,000.
Italy's 2006 World Cup-winning captain Fabio Cannavaro ($830,000), former France international Robert Pires ($800,000), Nigerian Jay-Jay Okocha ($550,000) and Liverpool great Robbie Fowler ($530,000) were also auctioned among the franchises based in different cities in West Bengal.
