Personally think the club needs to get some ‘tegridy.
Contract would only be frustrated if the inability to perform was outside of control of both parties.It’s more likely Everton would sue Stake than the other way round.
Under UK contract law, if an event makes performance of a contract illegal or impossible, the contract will be deemed “frustrated.”
The loss of the licence would likely be seen as Stake’s failure, not Everton’s. If anything, Everton could potentially sue Stake for Reputational harm. Lost sponsorship revenue. Legal costs from regulatory inquiries.
Most sponsorship contracts, especially in regulated sectors like gambling include “compliance with law” clauses.
Stake likely breached a core term of the contract, giving Everton the right to terminate.
@Joey66Personally think the club needs to get some ‘tegridy.
So only one sponsor for that.
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Hasn’t our sponsor always been stake.com rather than the uk based stake site which was technically separate? Thats why I thought the club had just ignored the warning.Contract would only be frustrated if the inability to perform was outside of control of both parties.
Looks like Stake took the decision to remove themselves from the UK market so, on the face of it, that wouldn't give rise to frustration due to it being Stake's decision.
Vis-a-vis the other points, pretty difficult to opine without having sight of the contract (for e.g. if there was a compliance with laws provision). Also appears that Everton can perform their own side of the contract anyway so probably moot.
I really want to have a gander at that contract now!
Yeh: "Also appears that Everton can perform their own side of the contract anyway so probably moot"Hasn’t our sponsor always been stake.com rather than the uk based stake site which was technically separate? Thats why I thought the club had just ignored the warning.
Wouldn't t be great if we had a local charity on the shirt!Refuse to buy a shirt with a gambling sponsor. Hate it.
Or if not local, the Bradley Lowery Foundation.Wouldn't t be great if we had a local charity on the shirt!
Only worry I`d have is this is an Everton sponsorship contract that was agreed when we were being run like a clown show.It’s more likely Everton would sue Stake than the other way round.
Under UK contract law, if an event makes performance of a contract illegal or impossible, the contract will be deemed “frustrated.”
The loss of the licence would likely be seen as Stake’s failure, not Everton’s. If anything, Everton could potentially sue Stake for Reputational harm. Lost sponsorship revenue. Legal costs from regulatory inquiries.
Most sponsorship contracts, especially in regulated sectors like gambling include “compliance with law” clauses.
Stake likely breached a core term of the contract, giving Everton the right to terminate.
They did but I'm not sure their reasoning was completely altruistic.Didn't Barcelona used to pay UNICEF to use their name on their shirts, in other words they sponsored UNICEF but paid them. I might be wrong but I thought that was the case.
Would love us to do something similar with Alder Hey, pay them to put their name on our shirt, a proper peoples club.
We built this City, so we might as well sponsor the local kids hospital too.
Or Climax ScaffoldingTerry's Timber.
Good local company.
It'll be Veezu probably.would love a shirt without a sponsor but just don’t see it being financially viable
can’t wait for us to get Delta Taxis on the front
Why get off at edge hill when you can climax at Broadgreen?Or Climax Scaffolding