Euro main sponsors disappoint venues
According to a report in the Sonntagszeitung, the 14 Swiss Euro main sponsors are failing to adequately fulfill their obligations to the host cities. This could result in financial losses amounting to millions.
Following the defeat against Germany, there is now also the threat of a slump on the money front: according to a report in the Sonntagszeitung, the 14 main Swiss Euro sponsors are not fulfilling their obligations adequately. According to their contract with Uefa, in addition to their official commitment they also have to support the fan zones in the host cities of Bern, Basel, Geneva and Zurich. So far, however, the Euro officials are not enthusiastic. "Below expectations", they say from Basel and Zurich. Bern and Geneva are "disappointed". Only UBS is committed everywhere in line with expectations. According to the Sonntagszeitung, the arrangement should have generated around one million francs per city. The problem for the cities is that, despite their inactivity, the sponsors have exclusive rights that prevent other companies from similar sectors from sponsoring.
