32Red Backs Out Of Swansea Sponsorship

Internet gambling destination 32Red has announced that it has decided to back out of its five year sponsorship deal with English football club Swansea City.

The decision to dissolve the deal was considered mutual between the two parties. Swansea also made a payment to 32Red in exchange for ending the sponsorship, with the consideration paid totaling £950,000.

The two parties entered into the sponsorship deal in June of 2009, and the deal was originally scheduled to end in 2014.

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