RBS renews sponsorship deal with Andy Murray
Royal Bank of Scotland is poised to announce a new seven-figure sponsorship deal with Andy Murray.
The bank has sponsored the tennis ace since 2009, when it signed a deal reported to be worth £2m a year.
Although the exact terms of the new arrangement are undisclosed, the Telegraph reports that Murray's new contract will be worth in excess of that figure.
For that kind of sum RBS is expected to enlist Murray in a number of community schemes alongside his brother Jamie.
The bank will seek to justify the worthiness of the deal having previously been criticised for spending too much on corporate sponsorships.
After being bailed out by the taxpayer RBS promised to cut back on sponsorship costs and almost immediately culled its interests in Formula One.