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Nationwide likely to end England sponsorship deal
Published: 5th Jul 2010 09:57:58
Building society Nationwide says it is likely to end its sponsorship of the England football team.
Nationwide had tabled a £20m offer to extend the partnership for another four years, but this had been turned down by the FA.
Now, the building society has said that sponsorship, which ends at the end of July, was "unlikely to be renewed".
England were beaten in the first knock-out stage of the World Cup in South Africa with a 4-1 defeat to Germany.
"Nationwide's sponsorship of the England team has been extremely successful over 11 seasons and has significantly raised the profile of our organisation," a Nationwide spokesman said.
"Our current sponsorship deal ends at the end of July and it is unlikely to be renewed."
Future
When they reportedly turned down the Nationwide offer, the FA were said to be reasonably confident of England making more of an impact in the World Cup and held out in the hope of attracting a more lucrative offer.
But a number of Nationwide's 15 million members were unsure whether a large amount of money should be put into a sponsorship contract at a time of economic uncertainty.
The next England game is a friendly against Hungary at Wembley on 11 August.
Nationwide also has deals with the Wales, Scotland and Northern Ireland teams.
Harvard Citation
BBC News, 2010. Nationwide likely to end England sponsorship deal. [Online] (Updated 05 Jul 2010)Available at: http://www.ukwirednews.com/news.php/72566-Nationwide-likely-to-end-England-sponsorship-deal [Accessed 15th May 2013]
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