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Gac Logistics will NOT sponsor Palace in the upcoming season!
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GAC OFF: It has been confirmed today that GAC Logistics will no longer sponsor Crystal Palace in their upcoming season. After the recent announcement that Kappa would overtake AVEC as the new shirt manufacturers in October, there were whispers that GAC Logistics time would also be coming to an end.
GAC Logistics is the freight forwarding arm of GAC (Gulf Agency Company), which is headquartered in Dubai. GAC Logistics serves the worldwide needs of manufacturers, distributors and retailers with particular emphasis on the fast moving consumer goods (FMCG), textiles, pharmaceuticals, automotive parts, electronics, entertainment and oil & gas sectors.
GAC Logistics has sponsored Palace for 7 years, with the Company first partnering up with the Eagles in 2007. The sponsorship was set to end at the end of the season, however it was widely assumed that Palace, along with GAC Logistics would agree an extension which would see them earn around £5 million per annum.
It is now believed that Chairman Steve Parish is in talks with several companies which could take over from GAC Logistics as the new kit sponorship, with sources inside the club claiming that Steve Parish is looking to companies over the other side of the Atlantic to increase their popularity in America.