Home Latest Mohammedan Sporting set to rope in investor | Football News – Times of India

Mohammedan Sporting set to rope in investor | Football News – Times of India

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Mohammedan Sporting set to rope in investor | Football News – Times of India

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KOLKATA: There is good news for Mohammedan Sporting Club supporters. It was reliably learnt that the Kolkata giants are on the verge of roping in an investor. The negotiation between the two parties is at a very advanced stage and a deal is likely to be sealed quite soon.
In fact, the club officials are hoping to make the deal official in the final week of this month.
A person with the knowledge of the developments informed that the collaboration will be with a sports management company. It is an Indian company which also has an office in the United Kingdom.
He further informed that in today’s world, it is important for a football team to operate in a professional and stable manner and this initiative is a step in that direction. “This is the way forward for sure and I hope this will guide the club to greater heights,” he said.
Sources informed that post the agreement, Mohammedan Sporting Club will have 51 per cent of the shares while the investor will hold the remaining 49 per cent.

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