December 23 – Bulgaria’s Etar Veliko Tarnovo has signed a sponsorship agreement with the betting company Elitbet. The contract between the two parties is for two years.
The Bulgarian online bookmaker is adding more teams to its club sponsorship portfolio, having become the main sponsor of the Bulgarian third league a few months ago.
Negotiations between Etar Veliko Tarnovo, who play in Bulgaria’s second tier, and Elitbet have lasted several months.
“Elitbet is among Etar’s new sponsors. After several months of intensive negotiations, Etar managed to reach an agreement and sign a sponsorship agreement with the betting company ELITBET. The partnership agreement is for a period of two years,” said the club.
“The management of Etar expresses its heartfelt gratitude to ELITBET for their involvement and wishes them success in all their business endeavors! Let us wish each other a mutually beneficial partnership, a cheerful welcome to the upcoming bright holidays and a successful New Year,” said an Etar statement.
Before the start of the season, Etar was one of the main contenders for promotion to the top tier of Bulgarian football – the efbet League. However, after a series of poor results, Etar have dropped to ninth place in the table and look to be out of a promotion place this season,
Contact the writer of this story, Aleksander Krassimirov, at moc.l1734948134labto1734948134ofdlr1734948134owedi1734948134sni@o1734948134fni1734948134