Kolkata: Mohun Bagan atlast got sponsorship for ten years. Mumbai IT Company Stremcast Media Pvt Limited has decided to invest in the oldest club of Indian football. It is a 10-year deal with the club where the company will make an initial investment of INR 200 crores with an investment of an extra INR 150 crores later on.
The club secretary Anjan Mitra said, “We have been trying to improve the club for 25 years. That’s going to happen today. Always everyone should come forward for the development of the club. ” The secretary said that three board of directors have signed the agreement. So we give up 74 percent of the shares.
East Bengal has also received a new sponsor in the beginning of the season. The MoU has not yet been signed with the organization. On 9th September MoU will be signed.
The name of the sponsor was announced just before the match against FCI was played in the league. So the salary problem is going to be end.