XtraTime Web Desk: Kolkata giants East Bengal and their new investor Shree Cement Foundation has jointly picked the bid paper for ISL 2020-21 on Tuesday evening. The name of the new company is “Shree Cement East Bengal Foundation”. After sending five lakh rupees to FSDL’s bank account, the newly formed company received the bid documents.
Now the club officials and the investors will have a look at those documents and will fill it up. They have to complete this process within September 14 and will send those documents to FSDL via e-mail. Beside that the club must have to send the hard-copy of the bid document to FSDL within September 17. After receiving those documents FSDL will examine the form properly and after that they will include East Bengal in the ISL as the 11th team for season 2020-21.