The Brazilian football club Santos is exploring the possibility of changing its title sponsor by terminating the contract with Blaze company, for which forward Neymar is an ambassador.
The club has received an offer of $26.2 million for a three-year contract from the betting company Parimatch.
According to ESPN, several negative news stories were associated with Blaze in 2023. Santos aims to use this situation to prove that the association with Blaze has a negative impact on the club's reputation. This would allow them to end the agreement without having to pay a penalty and sign a contract with Parimatch.