officiallyReal Madrid and Adidas extend their collaboration for another eight years. Thanks to the deal, The Royal is enjoying a shower of money.
Extended deal with eight years
MADRID. The collaboration continues: Real Madrid and Adidas have extended their collaboration to a further 20 years until 2028. This was announced by both parties on Wednesday. The World Association of the Spanish capital and the German manufacturer of sports equipment have been working together since 1998.
"Real Madrid and Adidas are both among & # 39; the world's most recognized brands in the sports world. We are convinced that together we will succeed for many more years"says Reals President Florentino Pérez.
Adidas CEO Kasper Rorsted: "This agreement will help us achieve our mission to be the best sports equipment company in the world. It also emphasizes Adidas' leadership in the football category. "
Rain of money for the Royal
The royal family can enjoy a rain of money thanks to the closed deal. According to media reports, they collect a fixed amount of 120 million euros per season from Adidas. In 2028 that would be almost 1.1 billion euros. If this succeeds, an additional 30 million euros will be added. Real replaces FC Barcelona as a club with the best sponsorship contract. The Catalans receive 100 million euros annually from Nike.
Royal Fan articles: order now in the Adidas online shop
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Real Madrid extends the collaboration with Adidas until 2028
Real Madrid and Adidas extend their collaboration for another eight years. Thanks to the deal, The Royal is enjoying a shower of money.