Jun 22, 2017
FA ends £4m-a-year sponsorship deal with Ladbrokes after review
The Football Association, the governing body of English football, has pulled out of a sponsorship deal with Ladbrokes Coral worth up to £4m a year, following concerns about the gambling industry's influence over the national game. The decision came after Greg Clarke, the FA chairman, instigated a review into the sponsorship agreement, questioning whether it was appropriate for the organisation to have a commercial partnerships with betting companies while it also had the authority to ban players for gambling on football matches. The incident led to a review, with the FA's board concluding it must end all sponsorship arrangements with betting companies. The FA said it would continue to work with gambling groups "As they play a key role in sharing information on suspect betting patterns and so help in regulating the game". One person briefed on the sponsorship deal said it was worth up to £4m a year, with the FA paying Ladbrokes for the value of one year of the contract and no further penalty for ending it early.
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