Bank won’t renew golfer Padraig’s sponsorship
Bank of Ireland's sponsorship of three-times major winner Padraig Harrington is to come to an end.
The bank has reportedly decided not to renew its advertising deal with the Irish golf star when the three-year deal expires at the end of May.
The move is said to be part of a range of cost-cutting measures being implemented by the financial institution.
At the time the deal was announced in May 2007, it was understood to be worth €750,000 over the three years plus performance bonuses.
However, there is speculation the figure was a lot higher.