Swiss Cryptocurrency Becoming Sponsor of Novi Pazar Football Club – Stadium Near Josanica to Be Renamed
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As the Management Board of the club announced, Novi Pazar has signed the biggest sponsorship deal. A company from Switzerland, CaizCoin, which trades the eponymous cryptocurrency, has decided to invest money in Novi Pazar. Unofficially, the club from an area near Josanica will get over EUR 200,000 for the sponsorship, which is quite a good sum for the circumstances in Serbia.
CaizCoin is already present in the world of football almost worldwide. This is a company which sponsors the Spanish LaLiga, Bundesliga, the Turkish Super Lig, and now people from the company have decided to penetrate the Balkan market. CaizCoin already sponsors Zeljeznicar from Sarajevo, and in Serbia they have picked Novi Pazar.
Before the signing of the sponsorship agreement, in addition to the financial details, other obligations of both sided were specified as well. Due to a big investment by CaiZCoin, Novi Pazar will have its stadium renamed. The stadium near Josanica will be fully rebranded and named after the said cryptocurrency.
The agreement is valid until the end of the league year, but will be automatically extended and augmented for the next season under one condition – that Novi Pazar manages to remain in SuperLiga.
Tags:
Novi Pazar FC
Željezničar FC
CaizCoin
SuperLiga
LaLiga
Bundesliga
sponsorship agreement
cryptocurrencies
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