FOOT­BALL / ALI­PAY SE­CURES $230 MIL­LION DEAL WITH UEFA

Sun.Star Cebu - - PRIME SPORTS -

UEFA has se­cured more than $230 mil­lion from Chi­nese on­line pay­ments plat­form Ali­pay to spon­sor lead­ing Euro­pean soc­cer com­pe­ti­tions. UEFA Pres­i­dent Alek­sander Ce­ferin was in Shang­hai on Fri­day to an­nounce to the eight-year deal with Ali­pay to spon­sor men’s na­tional team com­pe­ti­tions, in­clud­ing the Euro­pean Cham­pi­onship in 2020 and 2024 and the new Na­tions League. The com­pany is con­trolled by Jack Ma, the founder of e-com­merce gi­ant Alibaba Group. /

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