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Dunhill to Sponsor Vietnamese Soccer League (fwd)
April 7, 1999
Dunhill To Sponsors Vietnam Soccer With
$14.4 Mln - Report
Dow Jones Newswires
HANOI (AP)--Dunhill, a brand under British American Tobacco PLC
(U.BRT), will provide the Vietnam Football Federation with $14.4 million
in sponsorship money over the next five years, local papers reported
Wednesday.
The money will go to organize three yearly football events in Vietnam and
pay for a foreign coach for the national football team, the Youth newspaper
said.
The sponsorship deal will be the second between Dunhill and the VFF.
The agreement is expected to be signed next week between the federation
and Strata, a sports consulting firm operating on behalf of Dunhill.
The deal will provide the federation with $800,000 in 2000 and larger
amounts in the following four years, Youth said.
Dunhill has been VFF's sponsor since 1995 with an annual budget of
$470,000.
A VFF official would only confirm Wednesday that the federation is in
contact with Strata to negotiate a new deal, but added they would
announce it when an agreement is reached.
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