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Palmeiras Secures New Sponsorship Deal with Sporting Bet

In a significant development for the Palmeiras football club, a new sponsorship agreement with Sporting Bet has been announced. This deal, signed during the early hours of a Tuesday morning, will see Sporting Bet become the club's 'Master Sponsor' from 2025 for a period of three years. The contract guarantees a fixed payment of 100 million reais, with additional bonuses tied to performance metrics such as titles won.