SPORTACCORD 2024 INSIGHTS: Sport’s Perfect Storm
23 May 2024 14:34
Dongfeng Nissan Passenger Vehicle Company, a joint venture founded in 2002 by Nissan Motor Co. and China's Dongfeng Motor Corp, said it was astonished by Guangzhou Evergrande’s dropping of its jersey ads in the final match of the AFC Champions League, according to Nissan’s official post last Saturday night.
As cited by media reports, at the beginning of November, Evergrande had asked for a buy-back of the jersey ads rights from Nissan. They were turned down by the motor company. However, without the agreement of its advertising partner, the club changed its jersey ads to Evergrande Life Insurance for the second leg of the final, when they defeated the UAE's Al Ahli 1-0 in Guangzhou.
Evergrande and Dongfeng Nissan struck the jersey deal on February 17th, 2014, and it is said that the agreement was worth 110 million yuan ($17.24 million). Nissan is seeking a public response from Evergrande and says it will reserve the right to take further action. There has been no official response from the club up to now.
Source: Netease
Proofread by John Devlin
Interview with Thomas Lund: to follow new trends and bring younger generations to the sport
17 Jun 2024 16:00
Related coverage
Tottenham Hotspur announce Chinese brand as Mobile Phone Partner
18 Aug 2017
Changbai Spring to sponsor 3 Chinese national sports teams
25 Apr 2017
Nongfu Spring becomes the official partner with Wuhan Open
30 Apr 2015
Promax sponsors Chinese modern pentathlon national team
29 Jan 2015
Vanke refused to invest in soccer and basketball
06 Jul 2015
More from Yutang Sports
Interview with Thomas Lund: to follow new trends and bring younger generations to the sport
17 Jun 2024
Expert insight | New changes on UEFA EUROs: growing maturity of Hisense and other Chinese brands
22 Jul 2024
Interview with Andreas Zagklis: to keep popularization of basketball with all-round strategy
08 Jul 2024
SPORTACCORD 2024 INSIGHTS: Sport’s Perfect Storm
23 May 2024
Interview with Yiannis Exarchos: to narrate Olympic story in new ways and promote positive values
01 Jul 2024
Yutang Sports
loading...