Soccer-Man Utd Withdraws Russian Airline Aeroflot’s Sponsorship Rights
Published by Wanda Rich
Posted on February 25, 2022
1 min readLast updated: February 8, 2026
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Published by Wanda Rich
Posted on February 25, 2022
1 min readLast updated: February 8, 2026
Add as preferred source on Google
(Reuters) -Manchester United have withdrawn Russian airline Aeroflot’s sponsorship rights after Russia invaded Ukraine, the Premier League club said on Friday.
(Reuters) -Manchester United have withdrawn Russian airline Aeroflot’s sponsorship rights after Russia invaded Ukraine, the Premier League club said on Friday.
Russia’s Aeroflot was banned from flying to the United Kingdom on Thursday after President Vladimir Putin ordered an invasion of Ukraine. UK Civil Aviation Authority said it had suspended Aeroflot’s foreign carrier permit.
“In light of events in Ukraine, we have withdrawn Aeroflot’s sponsorship rights. We share the concerns of our fans around the world and extend our sympathies to those affected,” a club spokesperson said.
United made Aeroflot its first Russian sponsor in 2013 when it became the club’s airline partner, replacing Turkish Airlines.
Russia has been condemned for its invasion of Ukraine by several sports bodies and on Friday the country lost its hosting rights for the Champions League final in May while Formula One said the Grand Prix in Sochi could not go ahead.
(Reporting by Rohith Nair in Bengaluru; Editing by Jon Boyle and Christian Radnedge)
Sponsorship is a financial support provided by a company to an event, organization, or individual in exchange for promotional benefits. It is often used in sports and entertainment to enhance brand visibility.
Corporate governance refers to the systems, principles, and processes by which a company is directed and controlled. It encompasses the relationships among stakeholders and the goals for which the corporation is governed.
A partnership is a business arrangement where two or more individuals share ownership and management responsibilities. Partners contribute resources and share profits and losses according to their agreement.
Financial services encompass a broad range of services provided by the finance industry, including banking, investment, insurance, and asset management, aimed at managing money and financial transactions.
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