Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

MP’s urge Tottenham Hotspur to drop Chinese sponsor AIA for supporting abuses in Hong Kong

by October 31, 2022
October 31, 2022
MP’s urge Tottenham Hotspur to drop Chinese sponsor AIA for supporting abuses in Hong Kong

British politicians have called on Tottenham Hotspur Football Club to sever ties with its main sponsor, AIA, as they accused the club of “collaborating with supporters of human rights abuses in Hong Kong”.

The Chinese company AIA Group, Asia’s largest life insurer, has publicly supported Hong Kong’s national security law, which since its implementation in June 2020 has cracked down on freedom of expression, assembly and dissent. The law has resulted in the closure of civil society groups, trade unions and independent media as well as the arrest of more than 200 activists, journalists and former politicians, the All-Party Parliamentary Group (APPG) on Hong Kong said.

Days after the security law was imposed, AIA issued a public statement in support of the legislation, despite international condemnation and firm opposition from the British government.

In a letter addressed to Daniel Levy, chairman of Tottenham Hotspur, the parliamentary group called for the Premier League club to end its partnership with AIA Group.

Signatories including Lord Alton of Liverpool, Baroness Bennett of Manor Castle, and Lord Shinkwin, implored the club “to show the Chinese Communist Party and its supporters that it cannot commit such violations without consequence.”

The politicians claimed that by continuing to support the national security law, AIA was “lending legitimacy to China’s illegal establishment of a brutal, totalitarian regime in Hong Kong”.

After widespread pro-democracy protests in 2019, the national security law was imposed upon Hong Kong under the guise of ensuring stability in the territory. However, the parliamentary group wrote that it had been used “as a stick to beat those associated with the Hong Kong protest movement”.

AIA had expanded its operations in Hong Kong and China “even as daily reports of fresh arrests, intimidation and incarceration demonstrate the [security law’s] systematic attack on democracy,” the group wrote.

Calling the law “overreaching and draconian”, they labelled Tottenham’s sponsorship a “stain” on the club’s good reputation. They urged the club to stand in solidarity with the “principles of democracy and equality” and claimed that its partnership with AIA tarnished the values that it stands for.

In the letter, shared with The Times, the parliamentarians called on the board and directors of the North London club to reconsider its business relationship with AIA and to “ look elsewhere for sponsorship”. They added that dropping AIA as its sponsor would send a clear message that Spurs would not associate itself with any business complicit in “human rights abuses”.

“We must show Hongkongers that they are not alone, that those who support their oppression will not benefit from doing so, and that Tottenham Hotspur Football Club supports human rights and freedom,” they wrote.

Earlier this year, the APPG group on Hong Kong produced a report on the role of British businesses operating in Hong Kong and China. It recommended that the government should ban organisations in the UK from conducting business with companies complicit in human rights violations.

Tottenham Hotspur first struck a multimillion-pound five-year sponsorship deal with AIA group in 2014. In 2019, the football club announced they were extending their partnership with AIA for a further eight years until 2027, in a deal reportedly worth £320 million.

Read more:
MP’s urge Tottenham Hotspur to drop Chinese sponsor AIA for supporting abuses in Hong Kong

0
FacebookTwitterGoogle +Pinterest
previous post
Women missing out on £599 billion in Gender Investment Gap
next post
Royal Mail workers union calls off planned strikes after legal challenge

You may also like

Non-bank lender White Oak pledges to lend £500M...

January 18, 2023

Next and Frasers Group vying to acquire troubled...

April 9, 2024

Bank of England announces 0.5 percentage point rise...

September 22, 2022

Has Lawrence Stroll Just Bought the Formula One...

September 10, 2024

Musk confirms X is set to have two...

October 20, 2023

UK’s largest car plant focus of concern by...

February 7, 2023

Over half of UK employees are forced back...

February 16, 2023

Microdosing Truffles

November 27, 2024

Google launches new cybersecurity training to help UK...

June 7, 2023

Neurodiverse leaders must champion openness in the workplace,...

July 17, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Fifteen Minutes on ICE’s Mass Deportation Agenda

      June 30, 2025
    • White House says Mamdani would ‘crush’ New York City if elected mayor

      June 30, 2025
    • Trump to sign order lifting sanctions on Syria

      June 30, 2025
    • House Freedom Caucus targets Trump’s ‘big, beautiful bill’ with concerns about budget deficit

      June 30, 2025
    • Is This Rally Sustainable? You Better Bet Your Bullish Sweet Dollar It Is!

      June 30, 2025
    • Barclays launches appeal over motor finance commission ruling

      June 30, 2025

    Categories

    • Business (8,346)
    • Investing (2,086)
    • Politics (15,880)
    • Stocks (3,180)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved