A deal has been agreed between First National Bank (FNB) and the South African government over the naming rights of the FNB Stadium during the African Cup of Nations.
The national bank has relinquished its naming and signage rights to the FNB Stadium during the Africa Cup of Nations (AFCON) tournament, for matches and related tournament events only.
For the duration of the AFCON spectacle, the stadium — which hosted the final of the 2010 FIFA World Cup — will be known as the National Stadium.
The waiver ceases following the final match on February 10th next year, with FNB being able to exercise all its previous rights seven days thereafter.
FNB Chief Marketing Officer Bernice Samuels, said: "As a proudly South African Bank and in the spirit of the nation hosting an unforgettable Afcon tournament, FNB is delighted to have reached an amicable outcome to our recent discussions with government and the Department of Public Works."
Posted on 28/12/2012