Alloa Athletic FC have confirmed that the sponsorship deal for the renaming of the football ground was signed last Friday, September 12.

The club confirmed that a ten year deal has been agreed for an intial six figure sum that sees Recreation Park renamed as The Indodrill Stadium.

The club are pleased that John Horne, group Managing Director of the Indodrill Group from Singapore, will be officially launching the new name for the Stadium at 12.30 this Saturday before the Wasps host Rangers.

The Indodrill Group is a leading drilling contractor that has provided drilling services to the mining, exploration and construction industries for over 20 years. Having established itself as leading contractor in Southeast Asia, Indodrill has recently expanded its operations into Australia focusing on underground drilling, and Europe, Middle East, Africa (EMEA) for both surface and underground drilling. Globally Indodrill now operates through seven offices.

Mike Mulraney, Alloa Athletic Chairman, said, “This partnership between Indodrill and Alloa Athletic will see both parties benefit, an international brand linking to our Club, is a further step in the journey we are on to ensure Alloa Athletic’s long term success both on and off the park” More recently Indodrill has established strategic alliances with GeoSonic Drilling Ltd, a Scottish company specialising in sonic drilling, and with Indexss, a supplier of drilling parts, supplies and equipment for the resources drilling industry. Both alliances enable Indodrill to enhance the range and efficiency of the services provided to its customers.