Thursday, July 12, 2012

Barclays to remain title sponsor of EPL for another year



LONDON (AP) -Barclays has signed a new three-year deal to continue sponsoring the English Premier League, worth 120 million pounds ($185 million).

The league says the new deal will run from the 2013-14 season.

The deal was announced weeks after Barclays was fined $453 million by U.S. and British authorities for supplying false data which went into calculations of the London interbank offered rate, LIBOR, a key global interest rate.

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