Sauber and Chelsea to announce joint sponsor

Sauber is set to announce a joint sponsor with its partner Chelsea, the English premier league football club.

Earlier this year, the Swiss F1 team announced the "new and innovative partnership" with Chelsea, in which the sports teams wear each others’ logos.

Now, the Daily Mail reveals that Sauber and Chelsea are poised to announce their first joint sponsor.

"The first commercial joint venture will be announced in two months’ time," said Chelsea chief executive Ron Gourlay.

"You are going to see some results of the partnership very soon."

The Daily Mail also reports that, amid the Gerhard Gribkowsky corruption affair, premier league chief executive Richard Scudamore is on the list of potential candidates to replace Bernie Ecclestone.

"But it would need a considerable offer to tempt Scudamore away (from football)," admitted journalist Charles Sale.