Spartak Moscow have sold the naming rights on their yet-to-be-built stadium to a local bank for more than £26million for six years.

The Otkritie (Open) Bank has splashed out to put its name on the 44,000-seat arena until the end of 2018.

The stadium, which is due to be open in early 2014 in the north-west of Moscow, will host group matches for the 2017 Confederations Cup and the World Cup finals the following year.