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Man United's New Sponsor: The U.S. Government?
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by Jon Azpiri | September 17, 2008 at 04:48 pm
1004 views | 12 Recommendations | 8 comments
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English soccer titan Manchester United says that the financial turmoil surrounding their lead sponsor, AIG Insurance, will not affect the club. According to team officials, the club's massive four-year $100 million sponsorship deal is not in jeopardy despite the fact that the ailing insurer was bailed out by the U.S. government to the tune of $85 billion.
A writer for the Big Lead points out that the bailout means that the Red Devils will be indirectly sponsored by the US government.
So, basically, while one out of eight Michigan residents require food stamps and public elementary school classrooms climb toward 40 students, a further $50 million of taxpayer money, will be donated directly to Manchester United.
The club will then deploy the money to noble causes, such as the Cristiano Ronaldo car fund and Wayne Rooney’s smoking habit.
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Most RecentMost Recommended Comments (8)
at 00:29 on September 18th, 2008
what a great week its been . firstly the mighty liverpool give the mancs a football lesson ,then it turns out the scumited are now owned by the american govt.
great week indeed !!
jay_wilkie has contributed a photo to this story.
at 06:56 on September 18th, 2008
If the US governement is bailing out AIG's contract with Manchester United. What about Lehman Brother contracts, and other failed businesses contract with other sports clubs....What is the rationale behind this?...I'm confused, really.
at 13:19 on September 18th, 2008
OTAILLON has contributed a photo to this story.
at 13:49 on September 18th, 2008
I took this pic and just changed the color a bit , i have some other nice pic , if i had time i will share them :)
Jolläиaя has contributed a photo to this story.
at 18:52 on September 18th, 2008
Thank you for understanding and the intension of
send mail and publish it on the Manchester United
because I love so much this team t
kisses
bye
at 17:04 on September 19th, 2008
Man Utd..brought to you by federal Bank inc.. FBI ... United!!!
yogonline has contributed a photo to this story.
at 10:11 on September 21st, 2008
Jon Azpiri, I like this story. It's good stuff.
at 13:01 on October 9th, 2008
It's a massive sponsorship deal for a company that people know little about in the UK (until now of course), so they probably didn't need to have their logo on Man Us shirts after all.