Team New Zealand is close to securing another major sponsorship deal which would all but complete their funding for Valencia 2007.

Rumours abound the new backer is a giant Spanish brewery.

Team boss Grant Dalton is giving little away, apart from saying the deal is nearly done.

However, Dalton admits the contract negotiations are the most difficult he has ever been involved in.

It is understood the brewery is after a tax break from the Spanish government, should they fork out some sponsorship for Team New Zealand.

Deal nearly done for Team NZ

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This entry was posted on Wednesday, May 18th, 2005 at 9:28 am and is filed under Emirates Team New Zealand. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.