Title sponsors Quess set to part ways with East Bengal
Kolkata: As East Bengal began their centenary year celebrations with much aplomb, its Bengaluru-based title sponsors, Quess Corp, is planning to sever ties with the club, that will end a year-long association during which the red-gold finished I-League runners-up.
The announcement from the multinational company that holds a 70 per cent stake is likely to come after East Bengal's Foundation Day ceremony on Thursday. "I will wait till the centenary celebrations are over," Quess chairman Ajit Isaac said, even as there were reports that he had already "served a notice" to the club, feeling let down by the club officials.
"I never had any official conversation with anyone. It's all (media reports) highly unprofessional," he added.
However, Isaac has confirmed of the exit by the end of the season. "By the next two to three quarters, I think we'll be out of this arrangement," Isaac revealed in a conference call conducted by IIFL Capital Limited.