The red
Image Source: IANS
Relegation-threatened Man United Could Lose Big Sponsorship Deal: Report
The Red Devils: Placed 14th among 20 teams in the Premier League standings, multiple times winner Manchester United are facing the threat of relegation in the 2024-25 season. If that happens, it will not only harm the reputation but will also hit the Red Devils financially in more ways than one. Getting relegated to the Championships, the level below the top tier, will not only deprive Manchester United of the Premier League riches but it will also lose many of its sponsorship deals.
On top of the sponsors that will abandon Manchester United if they get relegated are the German sportswear giant Adidas.
Manchester United have had a long-standing partnership with Adidas as their primary shirt sponsor. In June 2023, they signed a 10-year contract extension valued at £900 million ($1.12 billion) for the duration of the agreement. However, United's current position in the Premier League poses a threat to their future relationship with the German sportswear brand, according to a report in The Telegraph.
Advertisement
Related Cricket News on The red
Cricket Special Today
-
- 12 Jun 2025 01:27
-
- 18 Mar 2024 07:47