Friends Club has signed a sponsorship deal with Nepal Investment Bank Limited (NIBL). According to Friends Club officials, the deal is worth Rs 1.5 million and NIBL will be the title sponsor for a year. The club will also be named NIBL Friends Club during the contract period.
The Nepal Investment Bank Limited assured employment to a player of Friends’ Club in the bank every year as per the recommendation of the club. The bank made the announcement during its signing ceremony with Friends’ Club.
According to the deal signed by the CEO of the bank Jyoti Pandey and the club president Ratna Sumsher Rana, the bank will provide Rs 1.5 million annually to the A division outfit. Friends’ had been without a sponsor after Investment left them in 2007.