Etihad Airways has quashed speculation that it is to become the new sponsor of Italian football club Inter Milan.
According to reports in Italy, the Abu Dhabi carrier was set to sign a deal worth €125 million (Dh520m) over five years with the Serie A side, whose current deal with the tyre company Pirelli expires at the end of the season.
However, Etihad said that this was not the case.
“Etihad Airways denies the reports and speculation that the airline is to become a sponsor of Inter Milan football club in Italy,” an Etihad Airways spokesperson said. “The airline is not in talks with the club and there is no truth to these rumours.”
Inter is one of the most successful clubs in Italian football history, with 18 Serie A titles, seven Coppa Italias, five Italian Super Cups, three Uefa Cups, and three Uefa Champions League titles. It stands third in the Serie A table this season, but missed out on a Champions League place - and qualification for any European competition - after finishing a disappointing eighth last season.
Etihad currently sponsors the English Premier League leaders Manchester City, as well as Melbourne FC of the Australian A League and Major League Soccer’s New York City FC.
The UAE already has a presence in Italian football, with Emirates having sponsored Inter’s rivals AC Milan since 2007. The Dubai airline last year renewed the deal for a further five seasons for a reported €85m.
Research from the consultancy Repucom earlier this year showed that 20 of Europe’s top clubs are sponsored in some way by Arabian Gulf airlines.
Etihad last year completed a deal to acquire a 49 per cent stake in the struggling Italian carrier Alitalia.
ioxborrow@thenational.ae
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How to protect yourself when air quality drops
Install an air filter in your home.
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Leap of Faith
Michael J Mazarr
Public Affairs
Dh67
Porsche Macan T: The Specs
Engine: 2.0-litre 4-cyl turbo
Power: 265hp from 5,000-6,500rpm
Torque: 400Nm from 1,800-4,500rpm
Transmission: 7-speed dual-clutch auto
Speed: 0-100kph in 6.2sec
Top speed: 232kph
Fuel consumption: 10.7L/100km
On sale: May or June
Price: From Dh259,900
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Director: Christian Schwochow
Starring: George MacKay, Jannis Niewohner, Jeremy Irons
Rating: 3/5
The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
The specs: 2018 Mercedes-Benz E 300 Cabriolet
Price, base / as tested: Dh275,250 / Dh328,465
Engine: 2.0-litre four-cylinder
Power: 245hp @ 5,500rpm
Torque: 370Nm @ 1,300rpm
Transmission: Nine-speed automatic
Fuel consumption, combined: 7.0L / 100km
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Company profile
Date started: Founded in May 2017 and operational since April 2018
Founders: co-founder and chief executive, Doaa Aref; Dr Rasha Rady, co-founder and chief operating officer.
Based: Cairo, Egypt
Sector: Health-tech
Size: 22 employees
Funding: Seed funding
Investors: Flat6labs, 500 Falcons, three angel investors
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