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Padraig Harrington losing his sponsors

GolfBargainOffers.com / 02/26

As we know Tiger Woods lost many sponsors by the bad influence of his sex scandal. But what happens to this guy which also losing his sponsors, let’s see today’s golf news.

The Bank of Ireland's three-year-endorsement deal with Harrington is due to end in May and the bank has given notice that it will not be renewing it.

But in this case, the termination of his contract has nothing to do with Harrington's behaviour - or even with the difficulty he is having in winning any further tournaments since his double triumph in 2008 when he claimed both the Open and PGA majors (Titleist 2010 AP2 Irons).

Rather, says the Bank, it has everything to do with the recession and its need to cut costs and show that it is doing so in the face of a critical public examination at a moment in time when the British taxpayer's ownership of the bank has risen to 15.7%. (TaylorMade R9 Irons is on a big sale.)

It has ben reported that in return for an annual payment in the region of €400,000, Harrington wore the Bank's name on his shirt and also played in three Bank of Ireland corporate outings per year.
The Ryder Cup star is believed to have 11 other companies who sponsor him in one way or another.

Oh my god! Another tragedy of golf stars on show again! Without the support of his sponsor Padraig Harrington may think much more about discount golf equipment later.
 

 

 

 

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