Wolves unveil new sponsorship deal

The two-year agreement is worth a seven-figure sum although club chief executive Jez Moxey insisted the exact amount would remain confidential when the deal was unveiled at Molineux on Tuesday morning.As of next season, Sportingbet.com will, among many areas, become the club's kit sponsors, bringing an end to Chaucer's five-year stint as main club sponsor, although they will maintain a commercial relationship with the Black Country outfit.Sportingbet.com revealed three other clubs were seriously considered, including Premier League sides, but they opted for Wolves, identifying the feel-good factor surrounding the Championship league leaders as one of the main pulling points.Moxey said: "The Sportingbet.com team are passionate about football which makes them the perfect fit for our club and for our loyal fans."Sportingbet.com chief executive Andy McIver added: "We share a common heritage of passion, skill and teamwork. I believe this is the basis of a great partnership. Football is the bedrock of our business and we look forward to working closely together."

Source: Team_Talk