Laxmi Bank, Three Star Club strike 3-year sponsorship deal in Rs 6 million

KATHMANDU:  Laxmi Bank has signed a sponsorship deal worth Rs 6 million with Three Star Football Club, the winner of Martyr Memorial ‘A’ Division League.

As per the memorandum of understanding signed on Tuesday, the Bank would provide Rs 2 million to the Three Star Club annually for the next three years. Earlier, Mega Bank had sponsored the Three Star Club with Rs 1.76 million, which ended earlier this year. The Western Union Money Transfer is the cosponsor of the Three Star Club.

With the new signing, the sponsorship amount of Three Star Club has equaled that of Himalayan Sherpa Club. The Yeti Airlines has sponsored the Himalayan Sherpa with Rs 2 million annually.

Similarly, Him Shree Electronics has sponsored the Jawalakhel Youth Club with Rs 1.8 million while Nepal Telecom is sponsoring Nepal Police Club with Rs 1.6 million every year.

Likewise, Nepal Investment Bank has sponsored the Friends’ Club with Rs 1.5 million.