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Diamond League looking for new sponsor after electronics giant Samsung chooses not to renew £3m-a-year deal

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DyeStatPRO.com   Apr 4th 2013, 5:10pm
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The International Association of Athletics Federations has been left without a title sponsor for its flagship Diamond League series just a month before the first of the 14 meetings is due to get underway in Doha on May 10.

Samsung, the South Korean electronics giant which has sponsored the series for three years since its inception in 2010, has opted not to renew its deal for the forthcoming season, leaving the world governing body with precious little time to find a replacement before action gets underway.

The title sponsorship deal is believed to have been worth around £3 million a year to the IAAF, who have been forced to make financial cutbacks in recent years to weather the global economic crisis.



Read the full article at: www.telegraph.co.uk

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