Monday, March 5, 2012

Barclays sponsors Premier League for 3 more years

Barclays PLC agreed Friday to pay 82.25 million pounds ($134.5 million) to sponsor England's Premier League for another three years from next season.

One of the few major banks not to take part in the British government's multibillion pound bailout of the sector last year, Barclays has had naming rights to the league since 2004.

Barclays will pay 25 percent more than the 65.8 million pounds it found for the three-year deal that expires at the end of this season.

"The clubs unanimously accepted Barclays proposal," Premier League Chief Executive Richard Scudamore said.

The agreement gives Barclays domestic and …

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