Spartak Moscow Sell Stadium Naming Rights in Multi-Million Dollar Deal
By iSportconnect | February 19, 2013
Russian Premier League club Spartak Moscow have sold the naming rights to their new stadium to a local bank in a deal worth over $40 million.
The Otkritie (Open) Bank’s name will adorn the 44, ambulance 000 capacity stadium until the end of 2018.
The club’s owner, Leonid Fedun, said: “Several generations of Spartak players starting from the early 1930s have dreamed of playing in their own stadium. Their dreams are soon to become reality.”