FNG has learned that Australia based Retail FX broker IC Markets has launched a lawsuit against Italian Serie A football club Inter Milan, after Inter cancelled IC’s planned sponsorship of the club. The IC Markets-Inter Milan sponsorship deal, signed in June of this year and reported exclusively at FNG (with an update on terms of the transaction also reported exclusively at FNG later in the summer), was to make IC Markets the “sleeve sponsor” of Inter Milan over a three-year period starting with the current 2020-21 season. The deal was going to see IC Markets paying €4.5 million in year one, €4.8 million in year two, ... (full story)