New League Cup sponsor
The 1million package will be funded by cash seized from criminals from the Proceeds of Crime Act. The competition was previously sponsored by Co-operative Insurance, whose involvement ended following Sunday's final at Hampden.
The new deal was announced by First Minister Alex Salmond today. Scottish Football League chief executive David Longmuir said: "This new partnership will build on the tremendous community legacy that has been achieved with our previous sponsors, Co-operative Insurance."