Icon Sport

Saracens agree Allianz stadium deal

Saracens agree Allianz stadium deal
By Eurosport

Last update24/07/2012 at 20:57

Publishedon 24/07/2012 at 20:16

Last update24/07/2012 at 20:57

Publishedon 24/07/2012 at 20:16

Article by Eurosport

Saracens' new ground at Barnet Copthall Stadium will be named Allianz Park, the club has confirmed.

A six-year deal worth £8million has been signed with German financial services provider Allianz, with stadium naming rights part of the agreement.

Allianz will also become Saracens' shirt sponsor with the club using the money raised to help pay for the £20million cost of redeveloping their new home in Hendon, North London.

Allianz have sponsorship deals with several other sporting entities, including German football giants Bayern Munich's Allianz Arena, which played host to this year's Champions League final.

Reading now: