Manchester United In Sponsorship Handle Bwin

Manchester United in sponsorship deal with Bwin


16 August 2012


Manchester United has actually signed a three-year sponsorship bet9ja's welcome offer with sports betting company Bwin for a concealed quantity, making it the club's "main online video gaming and wagering partner".
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Bwin is the t-shirt sponsor of Real Madrid and a partner to Bayern Munich.
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Recently, United floated its shares on the US stock exchange, raising $233m (₤ 150m), less than originally hoped.
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The flotation values the club at more than $2.3 bn, making it among the most significant sports clubs in the world.


Last month, the club signed a handle US automobile brand Chevrolet which will begin in the 2014-15 season.
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Manchester United now has 28 various sponsors, external, with Aon the yohaig code club's primary t-shirt sponsor.
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'Great opportunity'
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"As Europe's leading online sports betting operator, football is essential to our long-term success, comprising around half of our overall sports betting profits of 261m euros ($320m; ₤ 204m) in 2011," said Norbert Teufelberger, co-chief executive of Bwin's parent company, Bwin.party.
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"Man Utd has 569 million fans beyond Europe, offering us with a great opportunity to provide collectively created and ingenious items in countries that do not yet permit genuine money online sports betting," he said.
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Manchester United has been controlled considering that 2005 by the Glazer family, the billionaire US sports financiers who also own the Tampa Bay Buccaneers American football franchise.


About half of the yohaig code $233m that the club raised from its flotation will go to settling the club's debts, with the rest going to the Glazers.
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Shares in the club shut down at $13.77 in New York, closing below their flotation price of $14 for the very first time.


Manchester United


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