Brief: Fenerbahce Says It Decides To Extend Term Of License Agreement With Majority Shareholder Fenerbahçe Sports Club For Use Of "Fenerbahce" Brand Until May 31, 2044
Nov 22 (Reuters) - Fenerbahce Futbol AS FENER.IS :
* FENERBAHCE - DECIDES TO EXTEND TERM OF LICENSE AGREEMENT
WITH
MAJORITY SHAREHOLDER FENERBAHÇE SPORTS CLUB FOR USE OF
"FENERBAHCE" BRAND UNTIL MAY 31, 2044
* FENERBAHCE - LICENSE FEE FOR USE OF "FENERBAHÇE" BRAND
DURING
PERIOD FROM NOV 31, 2033 TO MAY 31, 2044 HAS BEEN SET AT 5% OF
COMPANY'S ANNUAL REVENUES
Source text: ID:nIKA7jyHwy
Further company coverage: FENER.IS
(Gdansk Newsroom)
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