RBS will cut funding to sport. Hopefully, it might encourage less sports coverage on TV.
BBC Sport has learned the Royal Bank of Scotland is to end its sponsorship of the Formula One team Williams as a direct result of the economic downturn. The partnership, which began in 2005, will conclude when the current contract finishes at the end of the 2010 season.
The move is part of RBS proposals to cut its funding of British sport by a massive 50% by 2010. The bank also says it plans to review its sponsorship deals with individuals such as tennis star Andy Murray.
Wednesday, February 25, 2009
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