Iphox, the current main sponsor of the China Super League, has reached an agreement with China Football Association to truncate the contract from eight years to one.
According to a Chinese newspaper, the Britain-based IP telecom vendor still doesn't have permission to enter the Chinese market after a four-month wait and wishes to stop investing in CSL after this season.
Iphox signed the eight-year-long deal with the China Football Association this March.
(CSL July 20, 2006)