Sports

“UEFA ends its cooperation with the Russian Gazprom”

by

Russia’s invasion of Ukraine has provoked intense turbulence and in the world of football.

Just hours after the official announcement by UEFA that this year’s Champions League final is being transferred from St. Petersburg to Paris, a Guardian article talks about moves by the European Federation, which wants to break the sponsorship contract that is in force. with the Russian gas company, Gazprom.

Let us emphasize that Gazprom has been for a decade main sponsor of the Champions Leaguewhile the two sides have signed a “golden” cooperation agreement until 2024. UEFA receives 40 million euros per year from this specific agreement, an amount which will be lost from its funds in case of “divorce”.

Nevertheless, and always according to that post, UEFA has already activated the necessary procedures through its legal staff, so as to complete its cooperation with the Russian company.

Follow News Bulletin 247 on Google News to be the first to hear the latest news .

You May Also Like

Recommended for you