Xtra Time Web Desk: Former India captain and current BCCI President on Tuesday shared a big update on the talks going on between Kolkata football club East Bengal and Premier league giants Manchester United.

Ganguly, who is facilitating the deal, told media that negotiations are on with the 'Red Devils' and a few others and a clear picture will emerge in about two weeks.

East Bengal were also talking with Bangladesh-based conglomerate Bashundhara Group but it did not lead to any deal.

Breaking silence on the issue for the first time, Ganguly on Tuesday, said, "Yes we have spoken to them and others also. It will take 10-12 more days to know who will be the entity.

Asked whether the European football giants are coming as an investor, the Indian cricket icon said: "No-no (they are coming) as an owner."

Ganguly however refused to delve further into it.

"It takes some time. First, let it reach a stage then we will make a comment. I will speak only after there's a concrete development," Ganguly said on the side-lines of a promotional event.