Egyptian Countryside Development, ACSAD partner to support 1.5 Million Feddans project    Munich Airport shut down by drones for second time in 24 hours    Egypt's Al-Mashat discusses economic reform, World Bank cooperation with MENA Vice President    Cairo to host Palestinian conference amid prisoner swap talks, Gaza ceasefire efforts    China dangles $1trn investment in bid to reset US trade policy: Bloomberg    Sanae Takaichi wins ruling party leadership, set to become Japan's first female PM    Saudi German Health Expands Mayo Clinic Partnership, Becomes Region's Largest Member Group    Egypt central bank deploys AI tools to track inflation, map informal economy: governor    Egypt's stocks record strong gains in September, EGX30 up 4.33%    Egypt approves 776,379 state-funded treatment decisions in July–August    Egypt launches waste reduction plan in Port Said with Japan's JICA    Telecom works near Grand Egyptian Museum cause brief Cairo service outage: NTRA    Egypt drug regulator, Organon discuss biologics expansion, investment    Egypt's PM addresses parliament on Al-Sisi's objections to criminal procedures bill    Egypt's Al-Sisi reaffirms state's commitment to judicial independence    Alameda launches Egypt's largest private-sector medical conference    A Timeless Canvas: Forever Is Now Returns to the Pyramids of Giza    Egypt aims to reclaim global golf standing with new major tournaments: Omar Hisham    Egypt's foreign minister says Ethiopia's Nile dam policy is 'destabilising'    Egypt to host men's, juniors' and ladies' open golf championships in October    Egypt's President Al-Sisi pardons activist Alaa Abdel Fattah, 5 others    Egyptian Writers Conference announces theme for 37th session    Egypt's Al Ismaelia wins heritage award for Downtown Cairo revival    Egypt's PM heads to UNGA to press for Palestinian statehood    Egypt condemns terrorist attack in northwest Pakistan    Egypt's foreign minister holds talks on reviving Iran nuclear negotiations    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Barclays paying 50 pct more to renew EPL deal
Barclays agreed to pay almost 50 percent more to renew its title sponsorship of the English Premier League, while the bank is embroiled in an international rate-fixing scandal
AP Published in Ahram Online on 12 - 07 - 2012

The league will receive $185 million over three years from the 2013-14 season, an increase from the $135 million under the current terms.
Britain's third largest bank has held naming rights to the world's richest soccer league since 2001. But the Barclays brand has been tarnished in recent weeks after news of manipulation of a key market interest rate.
The bank was fined $435 million last week by U.S. and British agencies for making false reports of its borrowing costs from 2005 to 2009.
Bob Diamond, who regularly presented the Premier League winners with the trophy, resigned as chief executive of Barclays last week.
The new Premier League deal comes a month after it sold domestic broadcast rights for the 2013-16 seasons for $4.65 billion, an increase of 70 percent over the preceding three seasons.
(For more sports news and updates, follow Ahram Online Sports on Twitter at @AO Sports and on Facebook at AhramOnlineSports)

Clic here to read the story from its source.