- Associated Press - Tuesday, June 4, 2013

NEW YORK (AP) - With Pele looking on, the revived New York Cosmos signed a jersey sponsorship contract with Emirates Airline as the team prepares to start play in the second-tier North American Soccer League this summer.

The 72-year-old, the team’s honorary president, arrived a half-hour late for the news conference at a Manhattan.

Featuring stars such as Pele, Franz Beckenbauer and Giorgio Chinaglia, the Cosmos played in the old NASL from 1971-84 and folded in 1985.

The relaunched team, run by CEO Seamus O’Brien, starts play at Shuart Stadium in Hempstead, N.Y., on Aug. 3 against Fort Lauderdale. The Cosmos hope to construct a $400 million, 25,000-seat stadium at Belmont Park racetrack.

Emirates Air also is the jersey sponsor of Arsenal, AC Milan, Hamburg, Paris Saint-Germain and, starting next season, Real Madrid.

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