ISL 2018, ISL Football, ISL news, ISL Team, ISL Transfer News, Indian Football News, Indian Football Latest News, ISL 2018-19
Indian football news reveals that East Bengal FC (EBFC) announced on June 5, they had acquired a new investor in hopes of ending their financial woes, which could in turn help the club to enter the Indian Super League (ISL 2018-19) from I-League. However, the Indian football latest news revealed that Football Sports Development Limited, which organises the ISL, expressed that the body was not keen on increasing the number of participating teams in the ISL 2018-19. With the new season of ISL football (ISL 2018-19) set to start soon, the latest ISL news is going to have consequences for every ISL team, and the I-League team East Bengal FC.
East Bengal FC, the I-League team which aspires to soon become an ISL team, will complete it’s 100 years in the next two seasons, but might still be playing in I-League when they get to it. East Bengal FC are currently in attempts to make sure that they turn up to the biggest football league in India, the Indian Super League, when the ISL 2018-19 season arrives. In order to boost their chances for this, EBFC have even inked a deal with a Bengaluru-based firm – Quess Corporation Ltd. – to form a new joint venture company, which will see both the parties having an equal share in the venture, as is being reported in the Indian football news and ISL news.
The new company has been named Quess East Bengal Football Club Pvt Ltd (QEBFC)
EBFC’s deal with Quess Corporation Ltd came after the I-League club’s two-decade-long partnership with the United Breweries Group ended, something which was making rounds in the Indian football news.
However, what will make the Indian football fans go ‘woah’ after reading this in the Indian football latest news, is the fact that East Bengal FC, abbreviated as EBFC, will now be known as Quess East Bengal Football Club Pvt Ltd, and it’s abbreviation will be – QEBFC.
While the deal between EBFC and Quess Corporation was made in hopes of getting EBFC to play in ISL 2018-19, instead of the I-League, the deal’s financial details haven’t been disclosed. However, what has been evident in the Indian football latest news is the fact that the Bengaluru-based company will be investing around INR 20 crore this season in East Bengal FC.
As reported by the Times of India in the Indian football news, Quess Corporation’s chairman Ajit Isaac told a press conference at a city hotel how the signing of the deal will be promising for East Bengal FC’s efforts to join the ISL 2018-19 season. He said,
“The sporting activities of the club will gather pace towards efforts to join the ISL as well as enhance training facilities and infrastructure required to achieve more trophies.”
And while the EBFC’s hopes started to rise to join the ISL 2018-19 season after the newly formed Joint Venture, their switch from the I-League is highly unlikely. This is due to a main reason, that there will be a likely break in the fifth edition of the Indian Super League (ISL 2018-19 season) during the Asian Cup in January 2019. And given that each one of the ISL team will be asked to participate in the season-ending Super Cup, Football Sports Development Limited (FSDL), which is the organising body of the Indian Super League, will not be keen on increasing the number of participating teams in the ISL 2018-19 season.
EBFC secretary, Kalyan Majumdar, who was named the managing director of the JVC, said, “Our association promises to bring refreshing change in the club. We believe our best is yet to come and we now aim to achieve new landmarks in Indian football.”
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