Join Now  | 
Home About Contact Us Privacy & Security Advertise
Soccer America Daily Soccer World Daily Special Edition Around The Net Soccer Business Insider College Soccer Reporter Youth Soccer Reporter Soccer on TV Soccer America Classifieds Game Report
Paul Gardner: SoccerTalk Soccer America Confidential Youth Soccer Insider World Cup Watch
RSS Feeds Archives Manage Subscriptions Subscribe
Order Current Issue Subscribe Manage My Subscription Renew My Subscription Gift Subscription
My Account Join Now
Tournament Calendar Camps & Academies Soccer Glossary Classifieds
Struggling AIG to end Man. United sponsorship
by Paul Kennedy, January 23rd, 2009 7AM
Subscribe to Soccer America Daily

MOST READ

MOST COMMENTED

[SIGN OF THE TIMES]AIG, the American insurance giant so closely identified with last September's economic crisis, will not renew its sponsorship with English club Manchester United when it expires in May 2010 and is seeking to reduce expenditures related to its agreement between now and then.

Once the world's biggest insurer, AIG was bailed out by the U.S. government with funds now totaling $152 billion.

It is cutting costs and selling assets to repay the government for the lifeline it provided to avoid bankruptcy.

United hopes to announce a new sponsor soon. Among the possible sponsors being mentioned is Indian company Sahara, which is a major sponsor of Indian cricket.



No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Soccer America Daily
U.S. U-19s lose to Venezuela in Spain    
The U.S. U-19 men's national team, coached by Brad Friedel, opened the COTIF Tournament in Valencia, ...
U.S. Abroad: Soares and Stanko switch leagues    
Americans A.J. Soares and Caleb Stanko have moved to clubs in Denmark and Liechtenstein. Soares, a ...
MLS Power Rankings: Galaxy takes third, Red Bulls now fifth    
Leader FC Dallas played a 1-1 tie with No. 2 Colorado that kept those teams in ...
TV Report: MLS up 32 percent on ESPN and ESPN2    
MLS is averaging 312,000 viewers on ESPN and ESPN2 in 2016, up 32 percent from the ...
MLS Moves: Schmid's run in Seattle is over    
Sigi Schmid, the only coach the Seattle Sounders have ever had in their eight MLS seasons, ...
Video Pick: Sakho sent home after Alcatraz visit    
Here's the GoPro video of Liverpool's Alcatraz tour filmed by Mamadou Sakho before Coach Jurgen Klopp ...
MLS Injury Report: Timbers' Borchers out for season    
Portland Timbers defender Nat Borchers will miss the rest of the 2016 season with a ruptured ...
TV Report: MLS All-Star Game will air in Cuba    
The MLS All-Star Game will be broadcast for the first time in Cuba. MLS reached an ...
Crowd Count: MLS chases 2015 attendance record    
At the All-Star break, MLS clubs are averaging 21,429 fans a game, almost unchanged (down 0.6 ...
What They're Saying: Chinese soccer fan Netizen Liu Ningning    
"I don't mind spending money on the ticket, I don't have to watch the game, but ...
>> Soccer America Daily Archives