Football News: Respite for East Bengal FC as club gets new sponsor on board

A new investor on board will certainly provide respite to the East Bengal Football Club, who were dealing with a lot of financial crunches amid the COVID-19 pandemic. The club has recently signed a new coach Francisco De costa for making the Kolkata Giants’ powerful arsenal the best amongst every club. Cement manufacturer Shree Cements has been finalized as the investor for East Bengal West Bengal chief minister Mamata Banerjee, who reportedly played a key role in helping East Bengal rope in the investor, also confirmed the development in a press conference yesterday. Despite Football Sports Development Limited’s decision to restrict the 2020-’21 season to ten teams, East Bengal now believes they can make the cut for this season’s edition, making a late entry into the competition.