Iphox, the current main sponsor of the China Super League, has
reached an agreement with China Football Association to truncate
the contract from eight years to one.
According to a Chinese newspaper, the Britain-based IP telecom
vendor still doesn't have permission to enter the Chinese market
after a four-month wait and wishes to stop investing in CSL after
this season.
Iphox signed the eight-year-long deal with the China Football
Association this March.
(CSL July 20, 2006)