Fun88 is not the principle sponsor of Newcastle United, however it’s going to stay on board as an official Asian betting accomplice. [Image: Shutterstock.com]
Fun88 will not seem on the entrance of Newcastle United jerseys after the staff negotiated an early exit from the first sponsorship deal that started in 2017. The playing firm will probably be an official Asian betting accomplice for the membership beginning subsequent season.
place may now be value as a lot as £25m ($31m) per season
Fun88 was reportedly paying lower than £8m ($10m) per 12 months as the first sponsor and was set to stay on this position for one more 12 months. Newcastle United certified for the 2023-2024 UEFA Champions League and in consequence will now be capable to command a a lot increased value from a predominant sponsor. This place may very well be value as a lot as £25m ($31m) per season. It’s unclear what corporations will probably be within the operating to take over this mantle.
Along with the monetary side of the termination of the Fun88 agreement, a ban on gambling-related front-of-shirt sponsorship is coming into place earlier than the 2026-2027 season for English Premier League groups. Playing corporations will nonetheless be capable to showcase their logos on the shirt sleeves of groups.