Before Tiger lost many sponsors after his infidelity. Now Ireland's thee-time major winner Padraig Harrington has joined him and also lost his big sponsors.
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The Bank of Ireland's three-year-endorsement deal with Harrington is due to end in May and the bank has given notice that it will not be renewing it.
But in this case, the termination of his contract has nothing to do with Harrington's behaviour - or even with the difficulty he is having in winning any further tournaments since his double triumph in 2008 when he claimed both the Open and PGA majors.No doubt Nike Golf is better clubs than others.
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Rather, says the Bank, it has everything to do with the recession and its need to cut costs and show that it is doing so in the face of a critical public examination at a moment in time when the British taxpayer's ownership of the bank has risen to 15.7%.
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It has ben reported that in return for an annual payment in the region of €400,000, Harrington wore the Bank's name on his shirt and also played in three Bank of Ireland corporate outings per year.His golf clubs always help him.
The Ryder Cup star is believed to have 11 other companies who sponsor him in one way or another.
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