Infinity Group Australia withdraws Sharks, Roosters sponsorship deal

THE NRL’s cocaine scandal has cost the Cronulla Sharks and the Sydney Roosters more than $1 million in sponsorship.

The Roosters and Sharks have both lost sponsorship deals over the drugs scandals. Picture: Gregg Porteous

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THE NRL’s cocaine scandal has cost the Cronulla Sharks and the Sydney Roosters more tha $1 million in sponsorship.

The Daily Telegraph can reveal Infinity Group Australia has informed the management of both clubs this morning that they are withdrawing their support.

The Sharks have been rocked by chairman Damian Keogh’s cocaine possession charges and the Roosters by Shaun Kenny-Dowall facing similar charges.

The Roosters and Sharks have both lost sponsorship deals over the drugs scandals. Picture: Gregg Porteous

Infinity is a sponsor on the back of the Sharks jersey and was to spend $700,000 over the next two years.

The company also sponsors the Roosters for around $150,000.

The Daily Telegraph is seeking comment from Infinity and the two clubs.

The Infinity Group Australia logo will disappear from the Sharks jersey.

Infinity used to sponsor the Parramatta Eels but pulled out over the club’s salary cap scandal.

Keogh resigned as Sharks chairman after being charged last Friday night.

Cronulla Under 20s player Jesse Savage was also charged with possessing 1.4g of white powder, believed to be cocaine.