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Spartak Moscow announces club losses after terminating partnership with “Nike”

The commercial director of the Russian football club Spartak Moscow Rustam Mahmudov spoke about the losses of the club, as a result of the termination of cooperation with the famous American company “Nike”, the manufacturer of sports equipment.

And Russian website “Sport-Express” quoted Rustam Mahmudov as saying: “We have no right to disclose the size of the sponsorship deal, but the amount is important for commercial revenue. Nike is a reliable partner that supports our sponsorship initiatives. . marketing. , the opening of a new store, the activities of the company, He is actively involved in the life and work of the franchise network (Spartak Junior) ”.

The press office of the Spartak Moscow club said Nike had made the move in the context of the European Football Association’s (UEFA) decision to exclude the club from participation in European competition next season.

He noted that Moscow club Spartak is already working on finding a new supplier of sports equipment.

Source: “russian.rt.com”

Source: Arabic RT

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