A report by the Director of Law, HR and Asset Management recommended that the sponsorship agreement between Tranmere Rovers Football Club and the Council be renewed for a further year to cover the period 1 July 2011 to 30 June 2012.

An objection to the sponsorship from a member of the Public had been received and circulated to all Cabinet Members.

RESOLVED:  That

(1)  the Council’s sponsorship arrangement with Tranmere Rovers Football Club be extended for a further year (from 1 July 2011 to 30 June 2012) on the basis set out in the report;

(2)  the existing base sponsorship level be increased to take account of inflation;

(3)  the principle of increased or reduced payments in the event of promotion or relegation be accepted and revised payments be negotiated and agreed if and when this occurs as set out in the report; and

(4)  the completed Sponsorship Agreement be put in the public domain.