East Bengal official provides an update on Emami deal


ISL 2022-23: East Bengal and Emami deal – East Bengal and their tie-up with potential investors Emami Group received a huge delay further on after the Red and Gold brigade announced that the meeting between the two parties would commence after 1st July. Follow Indian football live updates on Insidesport.IN

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ISL 2022-23: East Bengal official provides an update on Emami deal says, “We want an agreement which will be legally better for club and investors,” Meeting to be conducted after 1st July

  • East Bengal are yet to agree on terms and conditions with Emami Ltd
  • The delay arises from a disagreement over terms and conditions of their joint venture
  • The club is yet to sign the announcement of any player in the ongoing transfer window

ISL 2022-23: East Bengal official provides an update on Emami deal

The constant delay in terms of both parties failing to conclude the deal has made the fans get frustrated and angry with the actions. With the rest of the teams making significant transfers in the summer window, East Bengal are the only club in the ISL to have been left behind in terms of squad building.

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Debabrata Sarkar, East Bengal official on the situation : “We also want an agreement which will be legally better for club and investors. We want to provide joy to the supporters and perform well by forming a better team. This is our only dream.”

ISL 2022-23: East Bengal official provides an update on Emami deal says, “We want an agreement which will be legally better for club and investors,” Meeting to be conducted after 1st July

According to reports it is claimed that Emami have wanted a majority 80% of stake in the club. East Bengal have claimed that the meeting between the parties have been delayed owing to a function scheduled to take place at Emami on 1st July.

“We have consulted our legal team after receiving the agreement from Emami Group. Our legal team then has sent their draft to the Emami Group,” East Bengal joint secretary Rupak Saha said in a statement.

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ISL 2022-23: “We want an agreement which will be legally better for club and investors” – East Bengal official

“They have a social function on July 1 and I hope that we will be able to sit down together and get it done as soon as possible,” he added.

“I can’t disclose the details but there has not been any hurdle yet. We are hopeful of reaching an agreement,” Emami Group director Aditya Agarwal told PTI.

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There are serious doubts regarding the club’s participation in the Indian Super League (ISL) if the Kolkata giants fail to negotiate a deal in time. It has been over a month since West Bengal chief minister Mamata Banerjee arranged for an agreement between the two parties.

ISL 2022-23: East Bengal official provides an update on Emami deal says, “We want an agreement which will be legally better for club and investors,” Meeting to be conducted after 1st July

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