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Arsenal was involved in an alleged fraud involving one of its Chinese partners, the automaker BYD, claiming the company that had signed a sponsorship agreement with the club did not make any claims. was not allowed to do it.
a contract with Arsenal in April to become the official partner of the car and club bus, but this agreement is among several that involve a person who is now the subject of a police investigation in Shanghai .
BYD claims that this person was never an employee of the company and was not allowed to sign contracts with advertising partners on his behalf.
Arsenal issued a statement on its Chinese website stating that he was studying the issue, while stressing that "BYD high-level representatives" were involved in the case. 19659002] "BYD informed Arsenal that he believed he was a victim of fraud under various advertising agreements, including our partnership with BYD which was formally launched by both parties." We are studying the situation and discuss it with high level BYD representatives who were involved in launching the partnership. We will not make any other comments on this matter.
BYD issued a statement on the Hong Kong Stock Exchange last week, saying that the seal used to stamp unauthorized contracts must have been falsified.
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