Football Sports Development Limited (FSDL), who organises the ISL released a statement on Thursday, upholding the initial deadline of 5:00 pm on 25th May 2017.
Both Kolkata clubs, East Bengal and Mohun Bagan who play in the I-League have failed to submit their tenders within the stipulated time. Last week representatives of both clubs met All India Football Federation (AIFF) General Secretary Kushal Das pleading him to ask FSDL to extend the deadline.
However, no such extension was provided on the existing timeframe which began on 12th May. It is to be noted that East Bengal had picked up the ITB document last week but Mohun Bagan kept it late only to get their hands on it the eve of the deadline.
The FSDL aim to add a maximum of three new teams starting from its fourth season in 2017/18. Bids were invited from ten cities - Ahmedabad, Bengaluru, Cuttack, Durgapur, Hyderabad, Jamshedpur, Kolkata, Ranchi, Siliguri and Thiruvananthapuram.
A private auditing firm, Ernst & Young (EY) have been appointed to validate and evaluate the bids over the coming week.
Goal has reliably learnt that JSW Group, who own I-League side Bengaluru FC have submitted the tender from the Garden City. Tata Group too is believed to place a bid from Jamshedpur, Jharkhand.