It what could be the most obvious fallout from the United States credit crunch, AIG have decided to end it’s relationship with Manchester United following the 2010 season when their 76 Million Pound, 4 year deal expires.

Via SkySports

A US Federal Reserve needed to step in and rescue the financially crippled company last year; with United aware for some time that they would need to find a suitable replacement as their major sponsor.

The search for a suitable alternative has already begun, with Indian corporation Sahara having already confirmed contact with the reigning Premier League champions.

In addition, the Old Trafford outfit are keen to explore their Malaysian and South Korean links and remain confident that they can secure a deal which will eclipse the £19million contract they signed with AIG.

“In line with industry practice, Manchester United is exploring the possibility of a shirt sponsor for the new 2010/11 season,” said a United spokesman Phil Townsend.

“The club is in dialogue with a select number of top companies worldwide and has so far received sufficient interest to be confident it can improve on its current £19million annual partnership with AIG.”

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