Australian financial services company Bankwest has agreed a seven-year deal to take on naming rights to the under-construction Western Sydney Stadium.
The venue, which is scheduled to open in April, will be known as Bankwest Stadium.
The 30,000-seat facility will serve as the home of NRL rugby league club Parramatta Eels and A-League football team Western Sydney Wanderers.
Stuart Ayres, NSW Minister for Sport and Minister for Western Sydney, said: “Bankwest has embraced the opportunity to be part of booming Western Sydney and the company’s commitment to the naming rights of the venue is a huge vote of confidence in both the future of the stadium and the region.
“This deal is important for the stadium to be financially self-sustaining, making sure there is no burden to taxpayers to cover ongoing running costs. Bankwest Stadium is a game changer for sports fans across Western Sydney.”
The stadium is owned by Venues NSW on behalf of the NSW government. It is operated by VenuesLive.