€2 million euros in damages - Bas Tietema and Bingoal Pauwels Sauces WB's clash may have serious consequences

Cycling
Friday, 27 January 2023 at 06:00
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Bas Tietema is currently in a difficult situation, as reported by Business magazine Quote, if he and his company, Tour de Tietema B.V do not return to their former primary sponsor, Bingoal, they may have to pay damages of around two million euros.
The Belgian firm World Football Association, which owns Bingoal, has filed a court case against Tietema and his company Tour de Tietema BV. Tietema. It argues that the partnership was unlawfully terminated.
There is still a one-year partnership agreement in place between Tietema and Bingoal. The company will argue in court that Tietema should honor the partnership and terminate his relationship with Unibet as the primary sponsor.
However, if Tietema chooses to maintain his partnership with Unibet, he will be required to pay damages of 2 million euros. One of the reasons Bingoal is pursuing this matter so extensively is that Unibet is a competitor of Bingoal.

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