I got this problem from the set of difficult Math questions in BTG. The answer provided in that document is 105.
Also the reason I feel 2520 is not the correct answer is because the question is asking how many ways the group can be divided into 4 teams of 2 each, not how many different teams can be formed which will be 2520. So the answer mut be less than 2520 but I dont know how to solve it.
For eg. If 8 members are A, B, C, D, E, F, G & H, then A-B, A-C will be a part of 2520 pairs but A-B and A-C cannot appear in the same group of 4 pairs.
So {A-B, C-D, E-F, G-H} is one set
{A-C, B-D, E-F, G-H} is another set... and perhaps there are 103 more such sets, but how to mathematically arrive at it?