East Bengal, on Wednesday, confirmed the news of the arrival of Kolkata-based firm Shree Cement Limited as their new investors.
The arrival of the new investors at the club has kindled the hopes East Bengal fans had of playing in the Indian Super League (ISL) which is the current top tier of Indian football.
But in reality, new investors at East Bengal do not necessarily mean that the club’s ISL spot is confirmed. Now that the deal has been sealed, the club and their investors have already informed Football Sports Development Limited (FSDL), the organisers of ISL about the club’s intention of playing the league.