May 13 – US sportwear giant Nike is reported to have severed its 17-year sponsorship deal with Russian Premier League club Spartak Moscow after the team was ruled out of next season’s European competitions because of the Russian invasion of Ukraine.
The news came from Spartak itself and is the latest blow to Russian football which is banned from all official competition.
Nike has been the official sponsor and supplier of sports gear for Spartak Moscow FC since 2005.
According to the statement, the club has already launched its search of another equipment supplier.
“Nike has notified FC Spartak of the termination of the sponsorship contract due to the fact that, in accordance with the UEFA verdict, our club will not be able to participate in European competitions next season,” the club said.
“The leadership of Spartak’s commercial department is now working on finding a new equipment supplier,” it added.
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