SectorWire
SearchRegister
MenuClose

Corinthians negotiates separate sponsorship for women’s team in Brazil

Business

Corinthians is negotiating to remove Esportes da Sorte from its women’s football kit and secure a dedicated main sponsor, club president Osmar Stabile said. The club is also discussing the betting company’s men’s-team agreement; Stabile said a decision on releasing the brand from women’s football and other sports was expected on Monday 15 December.

A change could separate the women’s team’s sponsorship from the betting company’s existing club agreement.

Request a correction

Flag an issue

Keep reading

Business

Esportes da Sorte seeks to end Corinthians sponsorship agreement

Esportes da Sorte has notified Corinthians that it plans to terminate its principal sponsorship, reportedly arguing Brazil’s betting ban prevents it from meeting its contractual obligations. Corinthians opposes termination and says the agreement should remain suspended until the legal issue is resolved; the parties are discussing the matter through their lawyers. The agreement provides for R$150m annually, potentially rising to R$200m against performance targets.

Continue reading