World Cup sponsorship settled

Credit card association MasterCard said yesterday soccer's governing body Fifa would pay it $90million (R643,4million) to end a legal dispute over the sponsorship of the next two World Cup tournaments. The agreement means that credit card issuer MasterCard, which has sponsored the tournament for 16 years, will drop sponsorship of the World Cup in 2010 and 2014. - Reuters

Credit card association MasterCard said yesterday soccer's governing body Fifa would pay it $90million (R643,4million) to end a legal dispute over the sponsorship of the next two World Cup tournaments. The agreement means that credit card issuer MasterCard, which has sponsored the tournament for 16 years, will drop sponsorship of the World Cup in 2010 and 2014. - Reuters

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