"He wrote to us confirming his availability and stated 'I'm honoured to remain with East Bengal and I'll strive hard towards success'," club's general secretary Kalyan Majumdar said while displaying Colaco's e-mail to the reporters in a hurriedly-called press conference.
It was just a week back, East Bengal officials had said "Colaco's chapter was closed" as the club apparently did not give in to the Goan's long-list of demands including interest of joining an ISL team.
After guiding the club to the runners-up in the just-concluded I-League from a difficult position the club was keen on renewing their contract with Colaco.
Incidentally, a club official had gone to Goa to convince Colaco who, however, kept on claiming that he had 'joined' Churchill Brothers.
Questioned whether East Bengal would allow Colaco to join a franchise during the ISL, Majumdar replied: "As per the contract, he'll not accept any other assignment during the season."
Quizzed about when would Colaco join duty, Majumdar said it depends on IFA's calendar for the next season.