Ukraine:Manchester United Cancel £40m Sponsorship Deal with Russian Airline
Manchester United has cancelled their massive £40million sponsorship deal with Russian airline Aeroflot.
The
move is in response to Russia’s invasion of Ukraine and comes after United flew
to Madrid on Tuesday with Titan Airways.
A
United Spokesperson said: “In light of events in Ukraine, we have withdrawn
Aeroflot’s sponsorship rights.
“We
share the concerns of our fans around the world and extend our sympathies to
those affected.”
The
team had a longstanding commercial agreement having first linked up with the
Russian company in 2013 but have now severed ties.
United’s
deal with Aeroflot was renewed in 2017 to the tune of £40m and was due to
expire in 2023. Aeroflot is the national airline of and flies to 146
destinations across 52 countries.
In
addition to flying the united players all over the world, Aeroflot also
provided the club with travel and logistical advice but United are now in the
market for a new flight partner, with Qatar Airways understood to be
considered.
United
banked in the region of £100m in total from their nine-year association with
the Russian company.
Manchester United were
scheduled to fly with Aeroflot to Madrid on Tuesday but the club swapped to
Titan Airways at the last minute amid the Russian invasion
No comments