Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
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
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
Related coverage
FAW-Volkswagen Audi to sponsor Tour of Qinghai Lake
19 Jul 2017
Huawei sponsors Lusaka Dynamos
31 Oct 2015
Qiaodan Sports sponsors 3X3 FISU World University League Final
10 Oct 2015
Deal missing and annual loss haunt Li Ning
20 Mar 2015
Yutang + Soccerex: 2014/15 European Football in China
11 Sep 2015
More from Yutang Sports
SportAccord 2024 - sport as a ‘powerful, transformative tool’ under spotlight at CityAccord
29 Mar 2024
Meet the world-class speakers on SportAccord’s Plenary sessions
23 Feb 2024
Discover the SportAccord Summit sessions!
31 Jan 2024
SportAccord’s conversation with FEI President Ingmar De Vos: Equestrian sport’s road to Versailles
22 Apr 2024
Interview with Andreas Zagklis: to keep popularization of basketball with all-round strategy
08 Jul 2024
Yutang Sports
loading...