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West Ham United in discussions with new shirt sponsor after Alpari collapse

Online foreign exchange broker entered insolvency on Friday
• Club believed to be owed £4m on three-year deal

West Ham United are in “advanced discussions” with potential new shirt sponsors after their main commercial backer went bust for the second time in six years.

The online foreign exchange broker Alpari entered insolvency on Friday morning as a result of the Swiss National Bank’s shock move to decouple from the euro, causing investors to lose out and sustain heavy losses that exceeded their equity.

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