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Manchester United Suffer Financial Blow As Chevrolet Swerve £400m Shirt Deal

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Manchester United is searching for a new shirt sponsor with Chevrolet highly unlikely to renew their deal while the club struggled on the field.

The American car manufacturer signed a staggering £410million agreement in 2012 when Sir Alex Ferguson was at the helm and United were consistently challenging for top honors.

The seven-year deal came into play in 2014.

In the time United have displayed the Chevrolet brand on their shirts, they have failed to win the Premier League title and come nowhere near lifting the Champions League.

Now, with the club two points above the relegation zone under struggling manager Ole Gunnar Solskjaer, the fallen giants look further than ever from challenging again at the highest level.

Industry sources say that bosses at General Motors (GM), of which Chevrolet is a division, have been thoroughly unimpressed with United’s performance over the duration of the deal, which expires at the end of next season.

However, there is also a belief that the deal was never going to be renewed.

One insider said: ‘It was doomed from the start. The feeling within was that Chevrolet had massively overpaid and it was never going to get done again.’

Indeed, the man who agreed with the deal, global marketing chief Joel Ewanick, was axed less than 48 hours after it was announced.

At the time, it was reported that GM executives were furious when they learned their company would be paying substantially more than United’s last sponsor Aon. It was also claimed Ewanick failed to give his bosses full details of the agreement before signing off on it, although the man himself later described the deal as a ‘no-brainer’.

Figures seen by Sportsmail show the agreement with Chevrolet, which has brought in around £58.6m per season, dwarfs those the club had previously agreed.

Aon (2010-14) paid £19.6m a season, AIG (2006-10) £14.1m and Vodafone (2000-2006) £8m.

It is understood that United have already begun their search for a new sponsor and club insiders say they have had expressions of interest from a number of leading brands.

Despite their stuttering performances on the field, officials are confident in the strength of the brand and believe United’s red shirt remains attractive to potential partners, given their global following and the overall popularity of the Premier League.

United claimed recently that their following across the world had reached 1.1billion and executive vice chairman Ed Woodward has vowed that sponsorship revenue will be key to the size of their transfer fund.

A United spokesperson said: ‘Chevrolet is a fantastic partner. The sponsorship continues to achieve the brand and business objectives for both parties and we will continue to work to activate and maximise it.’

GM did not respond to requests for comment.

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I’m Thinking About Returning To The Nigerian Team : Manchester United Striker Odion Ighalo

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Manchester United striker, Odion Ighalo, has revealed he is considering returning to the Super Eagles over one year since his retirement.

Ighalo, announced his retirement from international duty with Nigeria after his five-star performance at the Africa cup of nations.

He said having to travel the distance between China where he played for Shanghai Shenhua to Nigeria for national duty was affecting him so he had to retire to allow the young ones take over.

Ighalo moved to England in January, joining Manchester United on loan and
recently extended his loan deal with the Old Trafford outfit until January 2021.

Since his retirement, Victor Osimhen has been leading the Super Eagles attack with the forward scoring three goals during the 2021 Africa Cup of Nations qualifying games against the Republic of Benin and Lesotho.

Ighalo has now revealed that he has not given up on returning to the Super Eagles team.

“I am still in contact with Gernot Rohr and Amaju Pinnick, and they congratulated me on my loan deal,” Ighalo told Brila FM.

“I am still thinking about returning to the national team, but right now I want to concentrate on my club career.

“I left the national team because of the distance between Nigeria and China, but now that I am in Manchester and just like life and in my career, you never can tell.”

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Don’t Stay Where You Are Not Wanted Come Home : Ghana’s Tourism Minister To Africans Abroad | WATCH

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Hon Barbara Oteng Gyasi, has invited Africans in the diaspora to come home amidst the global outcry against racism.

The Minister was speaking at the memorial ceremony held in Accra today in honour of the late George Floyd.

Watch below.

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Chairman Wontumi Threatens To Mention Names Of People Who Killed Ex-Prez Atta Mills

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Ranking member and Ashanti Regional Chairman of the New Patriotic Party, Bernard Antwi Boasiako, widely known as Chairman Wontumi has threatened to give up names of people connected to the death of former president John Evans Atta Mills.

Known for standing by his assertions, Chairman Wontumi has threatened to tell the issues surrounding the death of the president ie, the cause of death, people involved, and the place he died.

Not too long ago, the son of the late president publicly disclosed that none of the family members have knowledge of his father’s death….. Could this mean there is vital information being hidden from the family and the public?

Well, the unreserved politician is prepared to name and shame people responsible for the death of the former predident and all other people killed under the former government’s admimistration.

He said; ”I am ready to reveal names of all persons killed under John Mahama regime and the people who were contracted to commit such murders”.

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