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Anger at Newcastle Wonga deal

Newcastle United's decision to agree a sponsorship deal with payday loan company Wonga has prompted an angry reaction in the North East.

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Newcastle MD: Wonga has desire to invest in community

Derek Llambias, right, seen with Newcastle owner Mike Ashley. Credit: PA

Derek Llambias, Managing Director of Newcastle United, said: "We are building a club that can regularly compete for top honours at the highest level.

"As everyone knows, a strong commercial programme is vital to this goal and I am delighted to welcome Wonga into the fold as our lead commercial partner, alongside Puma and Sports Direct.

"Throughout our discussions Wonga's desire to help us invest in our young playing talent, the local community and new fan initiatives really impressed us and stood them apart from other candidates."

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