Man City Confirms Nike Kit Deal Grupo Petrópolis, Pernambuco Partner Olympics Sponsorship Aided BT, Visa Most Dortmund Sells Record Number Of Jerseys Germany Accuses England Of Copying Kit Marketplace Roundup William Hill Extends Scottish Cup Deal Nike To Launch England Kit Ad Campaign IPL Spot-Fixing Hasn't Impacted Brand NRL Ends Waterhouse Sponsorship Talks
Currency Converter
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
| From: | |
| To: | |
Upcoming Conferences and Events
SBD Global/October 31, 2012/Marketing and Sponsorship
Grêmio Closing In On Naming-Rights Deal To New Stadium With Chinese Bank
Published October 31, 2012
Brasileiro club Grêmio "is close to selling the naming-rights" to its new stadium to Chinese bank ICBC Bank, according to PLACAR. Representatives of the "largest bank in China" arrived in Brazil on Monday to conclude the negotiations. Grêmio President Eduardo Antonini confirmed that "the agreement is close to being signed." The executives from both parties "are only negotiating a couple small details." Indications are that the club "will receive approximately" R$34M ($16.7M) annually in the deal. Grêmio "is also working on a deal" with adidas, which could become the new kit supplier of the team (PLACAR, 10/29).
Return to top
