Everton FC and RCD Espanyol sponsorship deal with Power8 in jeopardy following Asian fraud investigation
Everton FC and RCD Espanyol football clubs sponsorship agreements with Power8 look to have backfired after the tech provider has been accused of fraud.
The Costa Rica-registered company which has offices in Spain has been accused by Taiwanese police of using its sponsorships deals to lure hundreds of investors in Asia into buying shares in the company before disappearing with their money.
It has emerged that emails to Power8 officials have bounced back and a message on its website now says operations are temporarily suspended. Spanish La Liga team Espanyol says has started legal action against the company after it failed to Read full story ›
Source: The Drum
