[size=10pt]Standard Chartered defends Liverpool sponsorship [/size]
Speaking at this week's Brand Finance Forum 2010 in London, Standard Chartered's group head of corporate affairs Gavin Laws said that the four-year deal remained justifiable, even though Liverpool currently sits in the bottom three in the Premier League table.
Laws insisted that the deal is playing a "significant" role in improving brand recognition, in particular in key Asian markets, and added that the first year's investment had already been returned through the sheer volume of media exposure.
He pointed to a global audience figure of 131 million for the recent clash between Manchester United and Liverpool, including 58 million viewers in China, as evidence of the reach of the deal.
Earlier this month, Liverpool was taken over by New England Sport Ventures in a controversial £300m deal which was resolved in the High Court.
Laws quipped it was "almost a shame that [the club] had sorted out the ownership issue, as they're no longer on the front page of the Financial Times".
http://www.sports-city.org/news_details.php?news_id=13459&idCategory=1
Speaking at this week's Brand Finance Forum 2010 in London, Standard Chartered's group head of corporate affairs Gavin Laws said that the four-year deal remained justifiable, even though Liverpool currently sits in the bottom three in the Premier League table.
Laws insisted that the deal is playing a "significant" role in improving brand recognition, in particular in key Asian markets, and added that the first year's investment had already been returned through the sheer volume of media exposure.
He pointed to a global audience figure of 131 million for the recent clash between Manchester United and Liverpool, including 58 million viewers in China, as evidence of the reach of the deal.
Earlier this month, Liverpool was taken over by New England Sport Ventures in a controversial £300m deal which was resolved in the High Court.
Laws quipped it was "almost a shame that [the club] had sorted out the ownership issue, as they're no longer on the front page of the Financial Times".
http://www.sports-city.org/news_details.php?news_id=13459&idCategory=1