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2/26/09 11:26 AM | Johan Lindahl
Andy Murray may feel the financial pain after sponsor Royal Bank of Scotland announced the largest loss in British corporate history.
The deficit of around $35 billion is sure to hit the sponsorship program of the once high-flying bank, now reduced to selling off Asian and European assets purchased just a few years ago.
Murray has said that he hopes to work with his longtime sponsor during their crisis. But the Scot fell short of saying he'd provided a cash-back on his presumably rich contract.
The bank has already said it will cut sponsorship of the Williams Formula 1 racing team at the end of 2010.
The British government now has a stake of around 70 percent of the bank and is set to buy off its toxic debt for around 370 billion dollars.
World No. 4 Murray began with RBS at age 13.
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