Manchester United and Nike have reportedly agreed on a new five-year contract, bringing in over 350 million euros, averaging more than 70 million euros per year. Additionally, Manchester United negotiated the sale of its jerseys for 17.5 million euros. This deal sets a new record for the largest contract in the history of football teams with equipment suppliers, surpassing Real Madrid’s contract with Adidas, which brings in 31 million euros per year. This renegotiation of sponsorship contracts has become a common trend among major European football clubs, allowing them to secure significant revenue streams.
FOOT-BUSINESS: MANCHESTER UNITED JERSEY IS WORTH 70 MILLION EUROS ANNUALLY
