Puma to terminate sponsorship of Israel's national football team - Media

Puma to terminate sponsorship of Israel
# 12 December 2023 11:43 (UTC +04:00)

Puma will end its sponsorship of the Israel national football team in a decision made a year ago and which was not connected to calls for consumer boycotts following Israel's military action in Gaza, APA reports citing The Economic Times.

The Germany-based sportswear company decided not to extend its contract with the Israel Football Association, therefore as of next year, it will no longer be providing the team with kits, FT reported citing an internal note seen by the newspaper.

Various brands have been impacted by a boycott campaign, accused of endorsing Israel amid its military offensive in the Gaza Strip since the deadly Hamas attack in southern Israel on Oct. 7.

However, Puma made the decision to stop supporting Israel's national football squad because of financial reasons and was in line with a broader strategy plan known as "fewer-bigger-better" which aims to promote greater selectivity in sports marketing, the newspaper cited people familiar with internal discussions as saying.