English Premier League football club Tottenham Hotspur has ended its sponsorship deal with binary options company EZTrader 18 months ahead of its designated expiration date.
According to Finance Magnates, the club has removed all EZTrader information from its website, despite having not yet disclosed the reasons behind the move.
Spurs struck a two-year partnership with EZTrader early last year and the deal had been due to run through to the end of the 2017-18 season.
EZTrader had enjoyed exclusive advertising rights at the team’s White Hart Lane home stadium, as well as access to the club’s communications channels, official matchday programme and website.
In November, the US Secretaries and Exchange Commission ordered EZTrader to pay more than $17 million (€16 million) for misleading investors into trading binary options online before January 2014.
Neither EZTrader nor Spurs have stated whether the decision to end the deal is related to this ruling.
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