Virgin Money signs on as official sponsor for Newcastle United
Participating in this sponsorship deal:
About Sponsor:
Virgin Money is a UK-based financial services company owned by the Virgin Group and founded by Sir Richard Branson in March 1995. It was originally known as Virgin Direct, and pioneered index tracking by launching a value Personal Equity Plan into the market. In the 2000s Virgin Money expanded its operations around the world. In 2010 the company received a banking licence through the purchase of the Church House Trust and has plans to expand into this sector.
About Property:
Newcastle United Football Club is an English professional association football club based in Newcastle upon Tyne, Tyne and Wear. The club was founded in 1892 by the merger of Newcastle East End and Newcastle West End, and has played at its current home ground, St James' Park, since the merger. The ground was developed into an all-seater stadium in the mid-1990s and now has a capacity of 52,387. The club has been a member of the Premier League for all but two years of the competition's history, and never dropped below the English football's second tier, since joining the Football League in 1893. In 2007, long term chairman and owner Freddy Shepherd sold his share in the club to Mike Ashley.