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Team GB athletes ‘hit by Nike sponsorship cuts’

(Photo by The Asahi Shimbun via Getty Images)

Several British athletes are facing financial challenges after Nike reduced its spend on player endorsement deals as a result of the Covid-19 pandemic.

The Times reports that a majority of the 60 Team GB athletes who are sponsored by the sportswear firm have had their contracts reduced or cut, with the news coming eight months before the start date of the rescheduled Tokyo Olympics.

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