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Tuesday briefing: Real Madrid lose €400m claim over collapse of stadium naming rights deal

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16 May 2023 - 4:30 AM

Real Madrid have lost a €400 million compensation claim over the collapse of the stadium naming rights deal with International Petroleum Investment Company (IPIC), according to Spanish media reports.

The club had put forward the claim because it said the Abu Dhabi sovereign investor failed to honour a sponsorship deal under which it would acquire rights to name the Santiago Bernabeu stadium for 20 years.

Real agreed a strategic partnership w

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