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Corinthians signs new main sponsor

Campeonato Brasileiro Série A football club Corinthians has unveiled financial services company Banco BMG as its new main sponsor.

BMG’s branding will appear on the front of the São Paulo-based club’s shirts as part of the agreement.

Corinthians confirmed the deal yesterday (Thursday) and said full details of the partnership would be announced during a press conference on January 22.

Financial terms of the agreement have not been disclosed, but Brazilian news site Máquina do Esporte reported that Corinthians will receive R$30m (€7m/$8m).

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