ISL 2020-21 | UK-based company pick up bid papers along with East Bengal
Two parties, including East Bengal, have received the bid papers for the lone slot in the Indian Super League for the upcoming season. While it was rumoured that RoundGlass - the owners of Punjab FC had picked up the bid papers, actually a UK based company has done the same for the 2020-21 ISL.
Sooner or later, East Bengal was supposed to be inducted into the Indian Super League, but the fact that they are likely to play in the upcoming season is not surprising. It was revealed earlier this month that the century-old club, desperate to find financial backing, joined hands with Shree Cements - enhancing their chances to play in the top-tier league.
As per the norms, the organisers - FSDL, invited fresh bids for a lone spot in the 2020-21 ISL, where East Bengal picking up the bid papers was a mere formality. But, as a matter of fact, a UK-based company has also received bid papers along with the red and gold brigade.
“Two parties have paid the necessary fee of Rs 5 lakh and downloaded the invitation to bid (ITB) document. With East Bengal finding an investor, it was common knowledge that they would bid for a place in the ISL, but an international firm showing interest in ISL was a pleasant surprise," stated a source, as reported by The Times of India.
Previously, it was rumoured that the owners of Punjab FC - RoundGlass, had picked up the bid documents, but reports have indicated that it was not the case. While East Bengal is likely to submit the bid papers before the September 14 deadline, the UK-based company will have little time to organise everything and claim for a spot in the ISL, along with the city from where they might operate.
“The UK based company is certainly looking at investment opportunities in Indian football, probably by putting that money in an existing club or forming an entirely new club themselves. They have picked up the papers to understand what it takes to secure a place in ISL, India's top-tier league,” added the source.
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