Given the way things work in the military, the club has decided it can no longer field a viable side in Vietnam’s top-tier football league by going it alone.
“Navibank has bought the club, so the club will be called Navibank. I and all the players will also be managed by the bank,” Bao told Thanh Nien.
HCMC-based Navibank will make a public announcement of the new name in Ho Chi Minh City on Saturday, he added.
Fourth Military Zone, which is based in Nghe An Province on the upper central coast, is the second cash-strapped military side to lose its familiar name of late.
National army team The Cong was renamed after its long-time sponsor Viettel last month.
Reported by P.Anh |
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