Deutsche Bank to sponsor Eintracht Frankfurt soccer team: sources

FILE PHOTO: The logo of Deutsche Bank is pictured on a company’s office in London, Britain July 8, 2019. REUTERS/Simon Dawson/File Photo

FRANKFURT (Reuters) – Deutsche Bank (DBKGn.DE) is set to ink a sponsorship deal with the local soccer team Eintracht Frankfurt, two people with knowledge of the matter said on Tuesday.

The deal, which could be announced as soon as Wednesday, sidelines Commerzbank (CBKG.DE), the team’s current long-time sponsor and a top Deutsche Bank competitor.

The Frankfurt-based banks, Eintracht and a spokesman for the Commerzbank Arena declined to comment.

Reporting by Patricia Uhlig; writing by Tom Sims; editing by Thomas Seythal

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