China-based FUN88 will replace payday loans company Wonga as shirt sponsor for the next three seasons in a deal thought to worth about £8m a year. FUNN88 director Nathan Walker added: "It's a hugely exciting time to partner with one of the most famous clubs in English football. ©Krissyreynolds/Pixabay. Not only have the club extended a few Magpies contracts and signed free agent Mark Gillespie but now they’ve agreed to a new long-term deal with primary sponsor FUN88. The dealings of the Saudi state’s sovereign wealth fund are beyond the control of Fun88, and as such the firm has declined to comment on the specific details of the transaction, and any potential implications for their shirt sponsorship deal with Newcastle United. In 2019 the amount invested by private firms in sponsorship deals with elite football clubs around the world accounted for nearly $46bn in deals – which Two Circles, an agency involved in sports marketing, reports will now fall to $29bn. If you or someone you know has a gambling problem and wants help: The Best Gambling News and Analysis from Around the World. Trusted globally, Fun88 is fast, safe and secure and allows you extensive choice in gaming, betting types, best odds and online bonuses and promotions. VideoBBC in Siberia: What you didn't see, The child bride whose divorce Queen Victoria approved. The partnership was officially confirmed in a special online video, with legendary players and members of the current squad joining forces to display the club's 2017/18 PUMA home kit. The extension comes at a tumultuous time for both Newcastle United and Fun88, as the club is on the brink of a controversial takeover from Saudi investors, and the bookmaker faces an investigation into allegations of facilitating underage gambling on the platform. ", "Pokoknya cuman di sini saya bisa dapet promosi menarik, main selalu menang dan saya tidak ragu dengan kemenangan saya, karna pasti selalu bisa di WD mau sebesar apapun". We’re excited about the next three years and are looking forward to the 2017-18 Premier League season.”. Fun88 and Newcastle United have extended their sponsorship agreement for 3 years – but an impending takeover from the Saudi sovereign wealth fund could derail the deal for the Asia-based gambling operator. Previously, FUN88 was the shirt sponsor of Burnley FC and is currently the Official Betting Partner in Asian and Latin America of Tottenham Hotspur. Particularly in the United Kingdom, the House of Lords is calling for gambling reform, and there is a widespread concern over a growing gambling problem amongst large portions of the population since the beginning of lockdown. A professional sports league with more than 400mn+ followers across the globe would be associated with Fun88 for the next 3 years. Newcastle United have announced that official shirt sponsor FUN88 will remain as the club’s primary partner after a new long-term commercial agreement was reached. the House of Lords is calling for gambling reform. Newcastle's managing director Lee Charnley said: "It was important for us to find the right partner and in FUN88, we have a shirt sponsor that understands the club and brings significant benefits commercially. is part of the Ayre Group. Was news to me. © 2020 BBC. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. We're excited about the next three years and are looking forward to the 2017/18 Premier League season.". Far Eastern gaming company FUN88 has become the primary partner of Newcastle United. Yang belum cobain saya doakan gak usah, supaya semua barang mewahnya saya aja yang menangkan! Please select all the ways you would like to hear from +44 (0)7725 635190. The sponsorship deal with Fun88 could be completely scrapped if the Saudi deal goes through. Trump won't commit to peaceful transfer of power, North Korea 'killed and burned S Korean official', The pandemic is fuelling a surfing boom - in Ohio, ‘Acts of kindness can help save lives’ Video‘Acts of kindness can help save lives’, Assange fiancée 'dreaded making relationship public' VideoAssange fiancée 'dreaded making relationship public', BBC in Siberia: What you didn't see. Newcastle United have extended their primary sponsorship agreement with FUN88 for another three years. By subscribing, you confirm that you have read and accepted our newsletter and privacy policy. Turn off Newcastle United are heading into the final 12 months of two major sponsorship deals with the intention of maximising any future commercial tie-ups. "The relationship will enable the club and FUN88 to enhance our respective global profiles together as we celebrate a landmark season and embark on the exciting Premier League campaign ahead. Head of Activation, SportQuake NEWCASTLE UNITED FOOTBALL CLUB Official shirt sponsor, Premier League, from 2017 to 2020 Newcastle United have renewed their original shirt sponsorship agreement with the club in a lucrative deal that is estimated to be netting the club £6 million a year. 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