Pelayo extends ties to Spanish national team

Insurance company Pelayo has renewed a sponsorship deal with the Spanish Football Federation (RFEF).

The new deal will run for two years, from 2014-15 to 2015-16, covering the Uefa Euro 2016 national team tournament in France.

Pelayo has been a partner of the national governing body since 2008, but its previous deal expired at the end of the 2014 Fifa World Cup in Brazil, when the Spain team was surprisingly knocked out at the group stage.

Jorge Carretero, a spokesperson for the governing body, said: “It is a very important day. When a deal is renewed for the third time, it indicates that we have done well together.”