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Virgin Australia collapse could cost Australian sport more than A$7m per year

(Photo by Dylan Burns/AFL Photos via Getty Images)

Sponsorship deals worth more than A$7m (€4.1m/$4.4m) ) per year are under threat from the collapse of Virgin Australia into voluntary administration, SportBusiness can reveal.

The future of Australia’s second-largest carrier after Qantas is in jeopardy as a result of the Covid-19 pandemic’s impact on air travel. The airline is now seeking new buyers after the Australian government ruled out a loan.

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