21 Jan 2008Everton extend sponsorship deal

Everton's sponsorship deal with Chang beer has been extended for another three years, in a deal valued at £8 million.

The current deal with the beer company, set to end at the end of the season, is worth an estimated £4.5 million.

Part of the agreement involves the development of a Chang-Everton Football Academy in Thailand, as the partnership has already involved investment in Thai football and community projects.

Keith Wyness, Everton's chief executive officer, said: "The strong understanding we have forged with our friends at Chang is mutually beneficial and we will continue to work together to ensure we remain one of the Premier League's finest partnerships."

Chang Beer was launched in Thailand in 1995 as part of the Thai Bev Group and now holds a 68 per cent market share in Thailand.

Everton has eight official partners, including JJB, Littlewoods, Umbro and Rippleffect.

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