Sony set to end sponsorship contract with Fifa, becoming second major sponsor to cut ties...

Sony does not plan to renew its sponsorship contract with Fifa, which deals another blow to world football's governing body.

Their announcement follows Emirates Airline decision to severe ties with Fifa as it investigates whether there was corruption in the bidding process for the next two World Cup competitions.

Coca-Cola, another major Fifa partner, said it was disappointed with Fifa's handling of an investigative report into the bidding process for the forthcoming World Cups in Qatar and Russia at the weekend.

Sony has been a Fifa sponsor for the eight years to 2014 in a contract worth £222m.

 Sony has said it is aiming to restructure its television and mobile divisions further, while targeting robust growth for its electronics devices division, which houses its growing image sensors business. Full story...

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