Corinthians loses sponsorship and receives fine set in contract

Company broke up with the black and white team a few weeks ago and will make full payment of the amount agreed in the contract; understand

End of partnership. Tele Sena broke off its sponsorship with the Corinthians, with only two months remaining until the end of the contract. The company paid the fine and settled the remaining amount for the last 60 days of the contract, which was initially valid until June 30th.

The company paid R$225,000 for the termination, in addition to 10% of the remaining installments for the early termination of the agreement. The club was recently notified and now has more free space to negotiate with new sponsors. The information was published by “Gazeta Esportiva”.

The company’s logo was displayed in the last match, against Racing-URU, last Tuesday, 02, despite the contract having been broken a few weeks ago. Timão had already completed the logistics of the uniforms for the clash in the first phase of the South American Championship.


Source: sportbuzz

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