Manchester City officially announced that the club has completed the contract renewal with its sponsor Puma. The official did not disclose the annual salary and amount of the new contract, but according to media reports, the two parties have renewed...
Manchester City officially announced that the club has completed the contract renewal with its sponsor Puma. The official did not disclose the annual salary and amount of the new contract, but according to media reports, the two parties have renewed their contract for at least 10 years, with an annual sponsorship fee of 100 million pounds.
Manchester City's cooperation with Puma began in the 2019/20 season when the two sides signed an initial contract worth £65 million per year. Now the parties have completed an upgrade on the original contract. The extension of the contract and the increase in sponsorship amount reflect Manchester City's success on the field and the record-breaking performance of jersey sales in the past six seasons. Soriano, CEO of City Football Group, said: "We work with Puma to challenge ourselves and surpass expectations. We have achieved this goal over the past six seasons, even further. Puma has seamlessly integrated into our organization and we have experienced many historic moments together, attracting fans around the world. The renewal and extension of the partnership today strengthen our relationship and push it into a brighter future." Holder, CEO of Puma, said: "Puma's cooperation with Manchester City has been a huge success both on and off the field. The trophy provides the perfect stage for our high-performance products and has excellent commercial success."
