Financial details have not been disclosed on Adidas` new contract with Real, who are third in the league and left the Champions League prematurely. Under the agreement, Madrid will benefit from 20 percent of the revenue from its products, as well as 9 million euros in equipment for all the club`s teams. As compared to this comparison, Real Rival Barcelona has currently reached an agreement with Nike worth about $95 million a year, while Premier League Manchester United is the second highest paid adidas club with $97 million a year. Adidas and Real Madrid have agreed to sign a 1.6 billion euro contract whereby the German group will manufacture the Los Blancos kits for the next 12 years. The $1.2 billion is also Real`s guaranteed amount, as the team could receive up to $170 million a year with merchandising. Real Madrid has been sponsored by adidas since 1998. As part of the contract, adidas will also have its own sales areas in the Bernabeu as soon as the costly renovation of the stadium is completed. The facility is supposed to be the largest sales area of the brand in the world. Real Madrid have reportedly signed the most lucrative kit deal in football history and have agreed a $1.2 billion adidas sponsorship, far outstring from the Spanish club`s current contract of $59 million a year. According to some reports, the contract runs from 2020 to 2030. 👕🤝 @RealMadrid and adidas will extend their successful alliance with an unprecedented agreement in the sports sector.
t.co/FsGrVT7c0a #RealMadrid pic.twitter.com/jJkycnwUFt Click on the comments to share your thoughts on Real Madrid`s new adidas partnership. According to Jose Felix Diaz of spanish daily Marca, Real could raise up to 140 million euros a year in his new contract, considered a 10-year contract, “if all the clauses are fulfilled.” “This agreement will help us achieve our mission of being the best sports company in the world. It also strengthens Adidas` leadership role in the football category,” CEO Kasper Rorsted said in a statement. According to reports, Real Madrid has entered into a 12-year, $1.4 billion kit deal with adidas. Ed Malyon of the Mirror went further, explaining that Real`s alleged contract of 140 million euros a year is more than Chelsea, Arsenal, Liverpool and Barcelona combined in their kits deals. The agreement was last renewed in 2011, but it seems that they are getting closer and closer to agreeing on new conditions. Real Madrid are about to sign the most lucrative kit sponsorship contract in club football, after agreeing with Adidas on a contract that will overshadow Manchester United`s record-breaking project with the German manufacturer. Football author Matthew Santangelo expected that after Cristiano Ronaldo left for Juventus in the summer, they would spend a lot: Our Standards: The Thomson Reuters Trust Principles.
Madrid, however, have only bought Mariano Diaz from Lyon and Galactico`s latest acquisition remains James Rodriguez at the back of the 2014 World Cup. By their own standards, Real has been exceptionally quiet in the transfer market in recent years. Reports by Emma Thomasson and Alexander Huebner; Writing: Elaine Hardcastle Meanwhile, Puma, another German manufacturer, will dress at Manchester City, Valencia, AC Milan, Borussia Dortmund and Palmeiras. Real Madrid to sign a contract of 110 million euros per year with Adidas, which would exceed 85 per year of Manchester United and 83 barcelona If Manchester United is very active in the transfer market since signing the new contract in one way or another with the contract they signed with Adidas last year, Real Madrid fans can rejoice to see their club invest more.