Virgin Money have confirmed that their new sponsorship of Newcastle’s shirts will continue for two years beyond the end of the current season, according to Mirror
Ministers had given notice that the contract between Northern Rock and Newcastle would be axed after eight years at the end of the season due to “controversial costs” after Labour was previous forced to privatize the bank. However, they were taken over on January 1 by Virgin, who struck the new deal in time to see the Magpies don the new shirts for tonight’s clash with Manchester United .
Virgin Money Chief Executive Jayne-Anne Gadhia said: “Now that Virgin Money and Northern Rock are ‘united’ as one business, it gives us great pleasure to continue the shirt sponsorship of Newcastle United Football Club. The Northern Rock sponsorship started in 2003 and it is an important link to the North-East which we are pleased to continue. Combined with our sponsorship of the Virgin London Marathon and the Edinburgh Festival ‘Fringe on the high street’, the shirt sponsorship of Newcastle United Football Club embeds our involvement in the communities we serve.”
The bank has also pledged to provide the new shirts free to the first 10,000 fans to bring their old ones to the club shop. Newcastle MD Derek Llambias stated: “We’re delighted to secure this new deal with Virgin Money. It is an excellent deal for both parties and we’re very happy to have them on board.”
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