AFC Signs Pair of Qatari Sponsors

The AFC has two new Qatari sponsors. (Getty Images)

Qatar National Bank and Qatar Petroleum have each signed three-year partnerships with the Asian Football Confederation.

The deals take effect for the 2014 season. The companies will have a presence at the AFC Asian Cup, the AFC Champions League, and the AFC Cup.

The chairman of Qatar Petroleum, Dr. Mohamed bin Saleh al-Sada, called the agreement “an important landmark” in his company’s support of football and sport.

Ali Ahmed al-Kuwari, acting group CEO for Qatar National Bank, told the Gulf Times, “With our growing international network presence, Asia continues to be both a very attractive and active market for us.”

“We are sure the relationships will be mutually beneficial and we look forward to a long and fruitful relationship,” said AFC general secretary Dato’ Alex Soosay.

Barca Adds Online Trading Partner

A global leader in online trading is the newest member of FC Barcelona’s sponsorship stable.

IronFX Global will use the team’s brand and players in marketing campaigns outside of Spain.

FC Barcelona executive Javier Faus says the company has “great passion” for the team.

IronFX chairman and CEO Markos A. Kashiouris said in a release, “The FC Barcelona motto, ‘More Than a Club,’ embodies the philosophy upon which IronFX was founded: fair practices, pioneering attitude, innovation, and top quality in every aspect of our operations.”

IronFX is headquartered in Cyprus and has over 50 offices and 1,100 employees worldwide.

Nike Renews Portugal Deal

Cristiano Ronaldo and his Portugal teammates will continue wearing Nike. (Getty Images)

The Portuguese Football Federation (FPF) and Nike have extended their long-running partnership.

Nike has provided kits for the country’s national teams since 1997. The new deal runs through 2018.

FPF president Fernando Gomes says the deal is important because Portugal’s teams outside of the men’s national team do not general significant income.

Meanwhile, Nike executive Alberto Baronet says he is “very satisfied” with the new deal.

Motsepe to Sponsor SAFA League

The Motsepe Foundation has a deal to sponsor the South African Football Association’s Second Division League.

The league will be known as the ABC Motsepe League for at least the next five years.

“This is a great boost for South African football, and we want to thank the Motsepe Foundation for their consistency in supporting grassroots development, which is the most important sector of football,” said SAFA president Dr. Danny Jordaan in a release.

The foundation funds youth sports programs while also encouraging gender equity in sport.

 By INSIDER’s Nick Devlin

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