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November 03, 2006

Mastercard in court over World Cup sponsorship

A US appeals court will today hear part of the case brought by credit card company Mastercard after losing out to rival company Visa in negotiations with FIFA to sponsor football’s World Cup.

MasterCard, which had sponsored World Cup events for 16 years, is suing the tournament’s governing body, FIFA, over its move to award an eight-year sponsorship to Visa beginning in January.

Read more at: Mastercard in court over World Cup sponsorship

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