Football League Updating Its Image Ukrainian League Lands First Title Sponsor Football Clubs Resort To Media Bans ICC Signs Slew Of New Partners Dusseldorf, Energy Consulting Team Up CAA Signs On As Title Sponsor Of WCOS Reebok Brings Campaign To Europe Sky Bids For Twenty20 Tournament Rights England Manager Hodgson, FA At Odds Gumtree To Sponsor BT's EPL Coverage
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/October 9, 2012/Marketing and Sponsorship
Wonga In Shirt Sponsorship Talks With Newcastle United
Published October 9, 2012
UNDER FIRE: MARKETING MAGAZINE's John Reynolds reported that Wonga "has been hit by criticism for the high interest it charges on its loans," which are "much higher than most other lenders." However, Wonga said that "the majority of its customers pay their loans back in less than a month." Wonga has also been criticised by the Office of Fair Trading "over the way it carries out debt collection, a criticism rejected by Wonga" (MARKETINGMAGAZINE.co.uk, 10/8). MARKETING WEEK's Sebastian Joseph reported that Newcastle City Council Labour Leader Nick Forbes "criticised the potential deal" on Twitter. Forbes wrote, “Wonga about to sponsor #NUFC? Disgraceful if true, will undermine all the work we are doing to crack down on legal loan sharking” (MARKETINGWEEK.co.uk, 10/8).