USOC to stick with BP providing quick solution can be found

By Community | June 29, 2010

The US Olympic Committee (USOC) has said that it is committed to its partnership with BP, so long as as it can find a quick solution to the oil spill in the Gulf of Mexico.

BP has come under heavy criticism after an oil rig exploded on 20 April, killing eleven workers and doing huge damage to the surrounding wildlife and environment, and the USOC board discussed its partnership with the energy company at it quarterly meeting yesterday.

USOC Chief Executive, Scott Blackmun, said: “BP, like a lot of other sponsors, has to deal with complex issues and they’re dealing with a major issue now. Very hopefully, they can get this issue resolved sooner rather than later, and we’re pulling for as quick a solution as possible.”

BP signed the US$15 million deal with USOC back in February, which provides USOC with about 6 to 7 per cent of its sponsorship revenue.

In addition, BP also sponsors the London 2012 Olympic Games, who recently said they would also be continuing their partnership with them.