Man Utd Sign Five-Year Shirt Sponsorship Deal

By Daily sports on March 20, 2021

Manchester United have agreed on a five-year deal with technology company TeamViewer to become their principal shirt sponsor from next season in a reported £47 million-a-year deal, it was announced on Friday.

The German-based firm will replace American car manufacturers Chevrolet, who have been the Premier League side’s main shirt sponsor since 2014.

No figures were disclosed by the club but ESPN reported it was worth £47 million ($65 million) a year, saying it was a £17 million annual drop compared with the Chevrolet deal.

Since the Chevrolet contract was agreed in 2012, United’s fortunes on the field have declined.

The Red Devils have not won the Premier League since former manager Alex Ferguson retired in 2013 and have reached the Champions League quarter-finals only twice in the past 10 seasons.

In a statement, United’s managing director Richard Arnold said: “We are tremendously proud to be establishing this partnership with one of the most exciting and dynamic global software companies.

“The ability to connect and collaborate has never been more important to the world and our community of 1.1 billion fans and followers.

“We are looking forward to working with TeamViewer to bring to life our vision for a partnership built on smarter ways of connecting people and businesses.”

The deal is TeamViewer’s first major move into sports sponsorship.

Investors did not react fondly to the deal, though, as the company’s share price dipped more than 12 percent soon after the announcement.

Despite the limited success since Ferguson’s departure, United’s strong commercial appeal has allowed them to maintain their position as the Premier League’s wealthiest club.

United were fourth in the latest version of Deloitte’s Football Money League, which ranks clubs based on their revenue, behind Spanish giants Barcelona and Real Madrid and European champions Bayern Munich. (AFP)

•PHOTO: Manchester United players 

 

Source Daily sports

Posted March 20, 2021


 

You may also like...
Osimhen tipped to salvage Napoli season

Six Players Dead, 30 Others Injured As Ghana...

Super Falcons land safely in Cote d'Ivoire ahead...

Kayode’s hat-trick delights Şanlıurfaspor

Arsenal proving title credentials — Iwobi

NFF pays Flamingos W’Cup bonuses after PUNCH report...

 

Latest News Adesanya to headline UFC event in Saudi Besiktas eye January move for Chukwueze ‘It makes you proud,’ Rodri speaks on potential Real Madrid call Eagles lack character, even Mourinho can’t save them – Iloenyosi Premier League clubs approve changes to associated party sponsorship rules CAF awards: Ajibade, Nnadozie, Edo Queens bag nominations Lagos SWAN, PAACC Hold SWAN Day At Golfview Hotels, Ikeja Crisis looms as Eagles’ form raises AFCON, W’Cup concerns Ex-Nigerian Super Falcons player handcuffed, children assaulted as police storm Anambra Football Academy Sports NFF, teammates console Nwabali on father’s death Abia Govt hails Nigeria Olympic Committee over staging an admin course in Umuahia Libya deliver Eagles 2025 AFCON ticket

 

Most Read Rangers International going, going . . . (55,166 views) Amaju Pinnick: A cat with nine lives (46,309 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (44,371 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (44,015 views) Sports Development: Zenith Bank on the zenith (43,949 views) Current issues in Nigerian sports: Matters arising (43,907 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (43,745 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (43,312 views) Olopade, BET9A wave of revolution in NNL (42,368 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (41,054 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (39,508 views) John Mikel Obi: Segun Odegbami’s Outrageous Call! (38,934 views)

 

Phone numbers

Tel: +234(0)8066020976
+234(0)8055068145
+234(0)7013416146
+234(0)8094272884

Email addresses

info@dailysportsng.com
support@dailysportsng.com
publisher@dailysportsng.com

Office address

No 3, Adetoun Close, Off College Road, Ogba, Ikeja Lagos.
Website: www.dailysportsng.com

Social Media