Snooker in Financial Crisis
Sunday, August 10th, 2008Snooker is facing a financial crisis after two of its largest financial supporters have announced withdraw. 888.com, the gaming company and the major sponsor of the World Snooker Championship, the most important event of the sport, has cut off its 5 years sponsorship contract after 3 years and at the same time, Saga Insurance, had quit supporting the Wembley Masters. The fiscal damage to snooker is estimated in £1.5 million. It is the second serious financial crisis faced by snooker due to lack of sponsors that followed the 2005 tobacco sponsorship ban.
Here’s a reminder from snooker better days, when snooker players used to smoke and drink anything but water during championships:





