ISL 2022/23: East Bengal calls for an EMERGENCY meeting – East Bengal who are currently in discussions with Emami Group have called for an Emergency meeting which it’s executive committee members and former players are due to attend. Discussions on whether to cut ties with the Emami group or continue to hold discussions will be decided. Follow Indian Super League and ISL 2022-23 Live Updates with InsideSport.IN
ISL 2022/23: East Bengal calls for an EMERGENCY meeting, issues of reaching an agreement with Emami group to be discussed – Check out
🚨 | East Bengal Club has called an emergency meeting of it’s executive committee at it’s tent on Tuesday. They will discuss the issue of reaching an agreement with Emami. A decision on whether the ties will be cut-off or continued will be taken. [AajTak Bangla] #IndianFootball
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ISL 2022/23: East Bengal calls for an EMERGENCY meeting
According to Aaj Tak Bangla, “East Bengal Club has called an emergency meeting of it’s executive committee at it’s tent on Tuesday. They will discuss the issue of reaching an agreement with Emami. A decision on whether the ties will be cut-off or continued will be taken.”
The drama involving East Bengal and investors Emami group reached new heights after the century-old club officials act tough and play hardball with the investors. Emami wants 80% of the share of the club and the negotiations between the club and the investors are currently ongoing.
Last Saturday, the Emami group sent the contract to East Bengal which is yet to be signed by the club officials. It has been more than two weeks since West Bengal chief minister Mamata Banerjee made the announcement of the tie-up at her office in Nabanna in the presence of East Bengal senior official Debabarata Sarkar and representatives from the Emami Group.
ISL 2022/23: East Bengal to discuss issues of reaching an agreement with Emami group
Former Indian footballers like Bikash Panji, Mihir Bose, Alok Mukherjee, Syed Rahim Nabi, and Prasanta Banerjee have written to East Bengal where they have all raised their concerns regarding the deal with Emami. They have also claimed if the team becomes unable to field a team matching the standards, then East Bengal should focus on Durand Cup, IFA Shield, and the CFL.
“Both sides have agreed and the problem of East Bengal playing in the Indian Super League will be solved,” Mamata had announced.
But, Emami Group’s top official Agarwal said the negotiations were “still on” “The agreement hasn’t been signed yet. The negotiations are still on. Everything will be clear by early next week,” Agarwal told PTI.
According to reports, Emami wants 80 percent stake and the legal departments of both the parties are negotiating to finalise the draft before it is signed. Without revealing the details, Agarwal said: “Yes the discussions are about stake-holding pattern and other details.
“We are yet to sign the deal and if there are any differences the deal can get cancelled also. I don’t want to be speculative, we are 100 per cent positive. Everything will be clear in a week’s time,” he added.
East Bengal was also reportedly linked with English Premier League giants Manchester United. Former India team skipper and current BCCI president Sourav Ganguly claimed that talks were on with Manchester United. East Bengal also advanced their talks with the Bashundhara group of Bangladesh, but now it seems that Emami would be the best fit for the club.
ISL 2022/23: East Bengal calls an EMERGENCY meeting, issues of reaching an agreement with Emami group to be discussed – Check out