Marseille & Lille shirt sponsor Cazoo pull out of Europe

According to Foot Mercato Marseille and Lille shirt sponsor Cazoo are set to pull out of it’s European markets following financial difficulties for the Britain-based car retailer. A statement from the company said the following: 

“The company is in consultation with its employee representatives in France and Italy. Cazoo will facilitate a structured closure for its customers, employees and suppliers and has informed the relevant employee representatives and trade unions in each market. Cazoo proposes to end its continental European operations to focus on the core UK market.”

The company signed a contract until the end of the season – the partnership could therefore legally continue until the end of the season before coming to an end and due to the contract signed at the beginning of the season, OM and LOSC could thus be paid until the end of the financial year. However, there are obvious financial implications to cutting short both deals which were meant to run for several years.

As for next season, it looks likely (but not 100% certain) that both clubs will again be looking for new sponsors, with the financial state of the company in Europe still in doubt. RMC report that Marseille are yet to be informed of any break in the contract – with the future up in the air over the British-based sponsor. 

GFFN

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