Saracens suffer fresh blow as Allianz decide to end sponsorship of club

Insurance group has been paying Saracens £2m a year Club relegated to Championship following salary breachesAllianz is to end its sponsorship of Saracens and the club’s stadium at the end of the season, the company has announced.The German insurance group has sponsored Saracens since 2012 and, as well as holding naming rights to the Hendon-based stadium, was set to continue in a deal through until 2021. However, with Mark McCall’s side now preparing for life in the Championship after accepting relegation from the Premiership for repeated salary cap breaches, the club’s long-serving commercial …