KOLKATA: Less than 24 hours after being handed over the sporting rights by Shree Cement, East Bengal asserted that they would announce a new investor "within 15 days" and will continue to play in the top-tier Indian Super League.
Bangladesh conglomerate Bashundhara Group, which owns Bashundhara Kings club, has emerged as the frontrunner to invest in East Bengal. But they will need to complete some formalities before coming on board.