By Eurohoops team/ info@eurohoops.net
Olympiacos Piraeus has closed a sponsorship deal with betting company Bwin that will now be the major sponsor of the Greek EuroLeague powerhouse.
The deal, that is expected to be announced in the following days, will bring over €10 million euros over a span of five years to the Greek club. The agreement between the two sides includes extra bonuses for team successes, like winning titles.
Olympiacos also turns its attention to the creation of a new indoor arena in the Hellinikon suburban area of Athens, according to Greek newspaper “Fos”. The management of Olympiacos has entered discussions with the “Lamda Development” company to build a sports complex that will belong exclusively to the club.