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The Australian cricket team lost a major sponsor and a host of large companies tore up branding deals with individual players on Thursday, as the fallout of a ball-tampering scandal tore into the financial core of the country’s favourite pastime.
Darren Lehmann said he would quit as coach of the scandal-tainted team after the fourth and final Test of a series in South Africa.
Fund manager Magellan Financial Group binned a three-year team naming rights deal, only seven months old. Sports apparel giant ASICS Corp and Commonwealth Bank of Australia joined other firms in dropping players caught in the scandal which has
