VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
Laliga side Real Sociedad is now seeking to minimize negative effects caused by its Chinese sponsor Qbao.com.
According to media reports,on Dec. 28, head of the online financial platform, Zhang Xiaolei surrendered to the police in the City of Nanjing in the investigation of an alleged Fraud committed by the company.
Founded in 2012, Qbao.com has become a sponsor of Real Sociedad since 2014 and has extended their advertising partnership until 2020.
As said in an official Sina Weibo post by the club, the first team of Real Sociedad will not display any Qbao.com logos from the game against CD Leganés on January 7. If the negative news is confirmed, the club will terminate the contract with the Chinese company.
The financial platform is also the title sponsor of the China League Two division club, Chengdu Qianbao Football Club, based in the southwestern Sichuan province.
Source: Sina
Proofread by William Logsdon
Future of Sport: a resounding success for the Global Sports Week and Viva Technology collaboration
21 Jun 2023 12:27
Related coverage
RCD Espanyol set up academy in Guangzhou
05 May 2016
Yutang Weekly: What happened in the Chinese sports market (8/12-8/18)
18 Aug 2019
La Liga president eyes closer ties with CSL
18 Aug 2015
LaLiga and Yutang Sports reach official partnership
31 Oct 2017
LaLiga & CFA launch Permanent Training Centre in Madrid
01 Dec 2018
More from Yutang Sports
SportAccord Media Partners will ensure global audiences are primed with latest news in sport
02 Mar 2024
Yutang Sports Appointed as the Official Media Partner of the Future of Sport
14 Jun 2023
Birmingham Welcomes the World as SportAccord 2024 Kicks Off
08 Apr 2024
SportAccord 2024 - combating online abuse ‘chance for sport to show its power’
22 Mar 2024
Wiz-Team provides smart event management system for SportAccord 2024
14 Mar 2024
Yutang Sports
loading...