Breaking News: Newcastle United sponsor Wonga loses £37m
The breaking news this morning is that Newcastle United shirt sponsor Wonga have lost £37m in their latest financial results.
The legal loan shark was expected to reveal losses but the £37m is higher than that forecasted.
Most Newcastle fans see having Wonga emblazoned across the shirts as yet another blight on the club thanks to Mike Ashley’s ownership.
The sponsor being attached to our great club bringing shame to the badge.
With Wonga in such a bad state financially and with the screw being tightened by regulators, hopefully sometime soon the name will be removed from Newcastle United shirts for good.
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