What will be East Bengal's fate after Quess Part ways ?
Yesterday East Bengal celebrate their centenary, but a most unexpected piece of news came just before the cemetery celebration, Quess Chairman Ajit Issac unofficially announced their way out of the club.
Here what Ajit Issac Chairman and MD of Quess Corporation confirmed in an interview during the cemetery celebration "We Invested in East Bengal club, we had a three-year investment horizon there, so this is the second year. we already started talking to our other relevant stakeholders to monetize these assets. we have also been talking to a few possible investors. so, it will take some time. we are confident that by the end of this season, we will most probably not be there in that club."
Eventually, Quess invested heavily last season in East Bengal and they bring Spaniard Alejandro Mendez and some big names from Spain like Borja Gomez Perez, Martin Crespi, who helped the team to become the Runners up I-League last Season.
Now the question arises how it will affect East Bengal? The technological provider Quess bought a 70% stake in the club and became the controlling power of the club. Now if Quess sell their stake to other company will it be fruitful for East Bengal or will they invest in East Bengal like Quess does?
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| Quess East Bengal Logo |
Here what Ajit Issac Chairman and MD of Quess Corporation confirmed in an interview during the cemetery celebration "We Invested in East Bengal club, we had a three-year investment horizon there, so this is the second year. we already started talking to our other relevant stakeholders to monetize these assets. we have also been talking to a few possible investors. so, it will take some time. we are confident that by the end of this season, we will most probably not be there in that club."
Eventually, Quess invested heavily last season in East Bengal and they bring Spaniard Alejandro Mendez and some big names from Spain like Borja Gomez Perez, Martin Crespi, who helped the team to become the Runners up I-League last Season.
Now the question arises how it will affect East Bengal? The technological provider Quess bought a 70% stake in the club and became the controlling power of the club. Now if Quess sell their stake to other company will it be fruitful for East Bengal or will they invest in East Bengal like Quess does?
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