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Cazoo to replace Sportpesa

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I'm just going off what was said in the papers when I read about cazoo yesterday.

Here is the link


And this is the quote taken from the article

It is the biggest non-betting company sponsorship deal the Premier League has ever seen, and sources at the club suggest it will allow them to grow sponsorship revenues, by opening up more avenues without a gambling logo on their shirt.

I did a quick search, apparently Man U got £64 million a year 6 years ago.
 

I don't really mind who sponsors us as long as it isn't a gambling company or someone with a dodgy human rights record.

This deal seems fine to me. Only the badge on the front really matters.
 

Yeah I'm aware of their funding. My point is the company has no financial history and we've never been too great with due diligence in the past.

Their first accounts are due next month, I dare say we'll have had a peek at the unaudited version. There's a risk they might not be able to pay the money, but, under present circumstances in the world, that risk is probably not much higher than it would be for many other similar sized companies.

Financially, it's not exactly the most amazing deal, it's OK, but probably no more than a 6/10.
 

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