A sponsorship deal concluded by Wolverhampton Wanderers with US-based pay day lender Money Shop has attracted widespread criticism. It featured on the West Midlands edition of Sunday Politics with one panelist describing Money Shop as akin to ‘modern day loan sharks.’
A sponsorship deal concluded by Wolverhampton Wanderers with US-based pay day lender Money Shop has attracted widespread criticism. It featured on the West Midlands edition of Sunday Politics with one panelist describing Money Shop as akin to ‘modern day loan sharks.’
It has been condemned by two city MPs and a petition opposing it has attracted 3,000 signatures. Wolves have launched a robust defence of the deal, stressing the benefits it will bring to the community.
At the moment it doesn’t look as if they are going to back down. It isn’t that easy for a mid-table Championship side to attract sponsors.