The Teamviewer logo has graced the jerseys of the 20-time English champions since the start of the 2021/22 season.
(Photo: Reuters)
Dusseldorf Investor criticism was loud and clear – and it had an impact. After Teamviewer left the sponsorship of the top English club Manchester United, investors bought shares in the German software provider on a large scale on Friday.
The stocks listed in the MDax small-cap index rose by up to eleven percent to EUR 13.40, the highest level in six months. In the afternoon the increase was still 4.2 percent.
Teamviewer announced late Thursday evening that it had negotiated an exit from the expensive sponsorship contract with the Premier League club. Accordingly, the club buys back the rights to the main shirt sponsorship. Another company should move up as soon as possible.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue