>> Ticket touts left out of pocket for Man City friendly
>> Ticket sales for Vietnam-ManCity slow
The chairman of the SHB Bank, Do Quang Hien, says he incurred big losses sponsoring a "friendly" match between Vietnam and English Premier League runner-up Manchester City.
Hien said he had spent about VND40bn to bring Man City to Vietnam, in addition to tens of billions more on organization, security and medical services.
“Man City mentioned strict conditions in the contract, especially 'force majeure”, which said that the match would be cancelled if any of their footballers were injured or sick,” Hien said.
“They proposed that we should buy insurance for the match and my assistant was struggling to find an insurance partner in Asia, but failed.”
Hien said his people did their job very well, upholding SHB’s prestige and promoting Vietnam’s image around the world.
But he incurred big losses from the deal due to unexpected expenses.
Do Quang Hien (right) gave presents to Manchester City's Joe Hart and Vietnam's Le Cong Vinh at the match in My Dinh Station on July 27, 2015.
“I was aware of a loss but this was a good chance to train our footballers to build up a professional football club that can earn revenue and support themselves,” he said.“The match met fans’ expectations as they filled the stadium on the final match. Many Vietnamese footballers realized their dream to play with their favourite players from Man City,” Hien said.
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