Beşiktaş reported to KAP: The title of the stadium will change

Beşiktaş Membershipintroduced to KAP that the stadium naming rights sponsorship contract will finish on the finish of the 2022/23 season.

Black-and-whites introduced that Vodafone is not going to renew its sponsorship of stadium naming rights after the tip of the season.

Within the assertion made by Beşiktaş, it was introduced that Vodafone Telekomünikasyon A.Ş. notified this choice with a warning letter.

Beşiktaş’s assertion is as follows:

“Within the Commercial Rights, Jersey and Stadium Identify Rights Sponsorship Settlement signed between our controlling accomplice Beşiktaş Gymnastics Membership Affiliation and our Firm and Vodafone Telekomünikasyon A.Ş. dated 20.08.2013, the stadium naming rights sponsorship interval is from the season during which the primary UEFA or Tremendous League match was performed. It’s regulated that the contract will stay in impact for eight seasons (first time period), except terminated by a discover to the opposite social gathering a minimum of six months earlier than the tip of this era, the contract shall be deemed to be renewed for 5 seasons (following interval).

With the discover despatched by Vodafone Telekomünikasyon A.Ş. on 28.10.2022 (immediately), it has been reported that the Settlement has been terminated, efficient as of the tip of the 2022/2023 season, when the primary interval will finish.”