Quess and East Bengal are all set to end their association, with the Bengaluru-based business service provider looking to pull out of their investment deal with the Kolkata-based club.
The joint venture between Quess and East Bengal, enforced at the beginning of the 2018-19 season, had seen the former hold 70 per cent of the stakes while the latter was given 30 per cent of the new entity called Quess East Bengal. Quess were expected to provide the finances for the operations of the club as part of the agreement, with the new entity enjoying the sporting rights of the club.