Latest Premier League Rumours: A New Sponsor is Coming

One of the rumours is that a leading binary options trading broker, Binary Uno, is in serious negotiations with one of the leading teams, for a large sponsorship contract for the 2016-2017 Season. This partnership would help leverage the best technology and funding to bring the most beloved sport to all its fans. The Premier League works with only a select number of Partners and Licensees for sponsorship.

The Premier League recently confirmed that there would be no title sponsor for the 2016-2017 season. This recent move reflects the organisation’s plans to not have a major overall sponsor for the entire sport league, similar to the NFL and NBA in the United States. However, each club is allowed to pursue each individual commercial model including sponsors and partnerships within guidelines. The Premier League was sponsored by Barclays since 2004, and going forward with just the name The Premier League as sponsorship ends in 2016.

Last year, soccer’s 20 biggest moneymaking clubs generated nearly 6.6 billion euros, which is an increase of 8 percent. To make the sport even more popular, the new Premier League domestic broadcast will begin with the 2016-17 Season, and all 20 Premier League clubs could join the list for the Top 30 in the Money League.

The Premier League is a private company owned by its 20 Member Clubs in the UK. Each individual club is independent and works within the Premier League’s rules of football. This allows them to build independent commercial models.

This could be an outstanding partnership as Premier League works with commercial sponsors to provide the best and most watched football competition to fans. Nothing has been finalised at this time, but watch for more details in the near future as talks continue.

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