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River has a new sponsor on its shirt in exchange for a millionaire figure

2021-07-27T21:19:40.203Z

The Codere signature will appear first on the sleeves and then as a main sponsor replacing Turkish Airlines. To the economic reason is added an effect of the pandemic.



Maximiliano benozzi

07/27/2021 18:10

  • ClarĂ­n.com

  • sports

Updated 07/27/2021 18:10

River changes category in the advertisements of his shirt.

From fuel and an airline to a bookmaker.

Codere will

first replace

Axion

on the sleeves and then will be the main sponsor on the chest, instead of

Turkish Airlines

.

This was made official by the club this Tuesday through its social networks.

The decision of these changes has to do with two situations.

One of them is economical.

It is that River will go on to earn more money, in the context of a difficult situation in the country and particularly in the club,

with a treasury that needs a monetary injection

.

The deal with Axion on the sleeves had been $ 2.5 million for 18 months, or almost $ 140,000 per month.

Meanwhile, Codere will pay 2 million dollars for 12 months, from August 1, 2021 to July 31, 2022, which is equivalent to 166 thousand dollars per month.

đŸ€ We play with excellence and we are ready for many more goal hugs.



Together we are bigger!

@CodereArgentina, Official Betting House of River Plate.

pic.twitter.com/hBK95XiFdx

- River Plate (@RiverPlate) July 27, 2021

From August 2022 to 2025, Codere will become the main sponsor, replacing Turkish Airlines.

It will pay 3.5 million dollars per year, that is,

a total of 10.5 million

US currency, which means half a million more than what the agreement with the Turkish airline represented.

The other reason for this change is because River wants to anticipate a possible problem.

Is that, given the complications with the flights that exist due to the pandemic, the airlines had an economic setback and are reducing their budgets.

Turkish routes in Buenos Aires are cut and it is likely that it will stop operating in Argentina.

If that happened, in NĂșñez they analyzed that the most probable thing was that the contract would fall.

Therefore, they sought to get ahead.

Negotiations with Codere were led by Jorge Brito, current first vice president and candidate for president for the ruling party in the December elections. At some point it was speculated that the return of MatĂ­as Patanian to the leadership, (he will be Brito's running mate), in the event that they win the elections, would entail a break with Turkish, but it was not necessary to reach that point.

When Turkish (Turkey's national airline) arrived in River, the Armenian community issued a harsh statement in rejection of this agreement, questioning the denialist policy of the Turkish government with the Armenian Genocide, committed by the Turkish state between 1915 and 1923. "We do a call to all society to warn that the intention of the Turkish Airlines company when landing in Argentine football is to wash the image of the current government of Turkey, strongly questioned by international human rights organizations ", indicated the text of IARA (Institutions Armenians of the Argentine Republic).

River is in the good: change sponsor.

Photo: Marcelo Endelli / POOL / AFP

At that time, Patanian, given his Armenian origin, had shown his dissatisfaction with this decision: "I am not indifferent to see him in River's shirt; but it is also true that a year ago this possibility began and there was a sufficient window of time. so that some other brand could get involved, and it wasn't like that. "

And he added: "Regardless of what happens to me emotionally, I understand those who today have to make the decision, because they have to seek the benefit of River; beyond any emotional issue that may involve me or the community in general. ".

Anyway, if the partners choose the formula of the ruling party, Patanian will no longer have to deal with this issue because a new sponsor has arrived in River.

And that new sponsor, in turn, will bring the club an economic injection. 

What is Codere

Codere is an international benchmark gaming operator, with a presence in seven countries in Europe -Spain and Italy- and Latin America -Argentina, Mexico, Panama, Colombia and Uruguay-, which operates gaming machines, bingo stands and terminals for omnichannel sports betting, both through the online channel and through points of sale that include gambling halls, arcades, 9,200 bars, betting halls and racetracks.

For its part, Codere Online was launched in 2014 as part of the renowned gaming operator Grupo Codere. Codere Online offers sports betting and online casino games through its state-of-the-art website and mobile app. Codere currently operates in its main markets in Spain, Italy, Mexico, Colombia, Panama and soon in the City of Buenos Aires (Argentina). Codere Online's online business is complemented by the physical presence of Grupo Codere in Latin America, laying the foundation for the presence of leading omnichannel casinos and games in the region.

Codere began its activity in Argentina at the beginning of the 90s and is currently the largest operator of gaming rooms in the Province of Buenos Aires, with a total of thirteen rooms, in which it operates more than 6,800 casino-type machines. (slots), as well as traditional bingo and gastronomy. The group expects to start its online operations in the country as soon as it is authorized by the City of Buenos Aires and / or in one of the other provinces.

The company shows its commitment to Latin America by developing its entertainment activity in Argentina, Uruguay, Mexico, Colombia and Panama.

This commitment is manifested in its local sports sponsorships in the hands of the main soccer teams, which are added to the one that Codere has maintained with Real Madrid CF since 2016. In Argentina it was a sponsor of Banfield and LanĂșs, and now it will be a sponsor of River .

The company also promotes the main sports events with specific campaigns, such as those recently developed for the Eurocup and the America's Cup.

Look also

The pull between River and Boca has already begun for the date of the Argentine Cup SuperclĂĄsico

With his gala team, River thrashed Union and got his first win in the Professional Football League

The pull between River and Boca has already begun for the date of the Argentine Cup SuperclĂĄsico

Source: clarin

All news articles on 2021-07-27

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