Slim wrote:http://www.mirror.co.uk/sport/football/news/manchester-citys-new-80million-per-year-sponsorship-5290985
The new agreement will be a boost to the coffers of the club who were last year fined after failing UEFA's FFP tests
Manchester City are about to strike it rich with a new £80million-a-year sponsorship deal with Etihad.
The Premier League champions, who are four years into a 10-year agreement worth £400million with the national airline of Abu Dhabi, are in the process of renegotiating the terms of the package.
The current deal is worth £40million-a-year to City, but includes sponsorship of the shirt, training kit and naming rights to the club’s expanding stadium and Academy complex.
With City paying the local council around £2million annually for the right to rebrand the stadium, it means they are currently earning less than most other top clubs get for shirt sponsorship alone.
Manchester United bank £47million a year from their agreement with Chevrolet, while Chelsea have just announced a deal with Japanese tyre manufacturer Yokohama Rubber that will net them £200million over five years.
With the worldwide interest in the Premier League showing no sign of slowing down following the new £5billion TV deal, City want to cash in on a sponsorship package that could double their current arrangement with Etihad.
UEFA have already ruled that City’s business relationship with Etihad is not a ‘related party’ arrangement, despite their Abu Dhabi connection, and therefore it does not break their Financial Fair Play Regulations.
City failed FFP last year and were fined £49million and ordered to operate under a restricted transfer budget as well as having their squad reduced for the Champions League.
lets all have a disco wrote:I think the partnership with Nike will continue and they will end up putting more money in.
Bleed_Blue wrote:Not to complain about the money coming in, if its $80MM then it seems inflated.
Ted Hughes wrote:Bleed_Blue wrote:Not to complain about the money coming in, if its $80MM then it seems inflated.
I wonder how many people had the word 'Etihad' in common usage before they sponsored City.
Bleed_Blue wrote:Ted Hughes wrote:Bleed_Blue wrote:Not to complain about the money coming in, if its $80MM then it seems inflated.
I wonder how many people had the word 'Etihad' in common usage before they sponsored City.
Their revenue was $6BN in 2013, so am sure there are a lot of people who heard it, also they are reasonably priced.
Most of their passengers are Asians, majority of them are manure, Arse, Spurs and Liverpool fans. I personally choose Etihad for their prices and because I am city fan.
I am guessing they are expecting a major impact/publicity in Europe. Would be interesting to see their growth in Europe and Asia over the years.
http://www.reuters.com/article/2014/03/ ... OL20140303
Bleed_Blue wrote:Ted Hughes wrote:Bleed_Blue wrote:Not to complain about the money coming in, if its $80MM then it seems inflated.
I wonder how many people had the word 'Etihad' in common usage before they sponsored City.
Their revenue was $6BN in 2013, so am sure there are a lot of people who heard it, also they are reasonably priced.
Most of their passengers are Asians, majority of them are manure, Arse, Spurs and Liverpool fans. I personally choose Etihad for their prices not because I am a city fan.
I am guessing they are expecting a major impact/publicity in Europe. Would be interesting to see their growth in Europe and Asia over the years.
http://www.reuters.com/article/2014/03/ ... OL20140303
Ted Hughes wrote:Bleed_Blue wrote:Not to complain about the money coming in, if its $80MM then it seems inflated.
I wonder how many people had the word 'Etihad' in common usage before they sponsored City.
Wonderwall wrote:Liverpool fans eh, they are not happy about this deal on RAWK. They want it investigated LOL
Bleed_Blue wrote:Wonderwall wrote:Liverpool fans eh, they are not happy about this deal on RAWK. They want it investigated LOL
You do know different people have different line of thoughts and there might be city fans who might just want things to be done in a different way.
I for one do not want Ethiad sponsorhip to go PSG way where it is so unreasonable that its bullshit.
Everyone wants self sustainability and city to make profits.
Self sustainability should be no matter if Etihad is there or not.
DoomMerchant wrote:Ted Hughes wrote:Bleed_Blue wrote:Not to complain about the money coming in, if its $80MM then it seems inflated.
I wonder how many people had the word 'Etihad' in common usage before they sponsored City.
i'd never head of them in my life, but i also never travel to Asia, unfortunately.
I HAD heard of Emirates tho...largely due to their footy sponsorship.
'Murica, fuck yeah.
cheers
Bleed_Blue wrote:Wonderwall wrote:Liverpool fans eh, they are not happy about this deal on RAWK. They want it investigated LOL
You do know different people have different line of thoughts and there might be city fans who might just want things to be done in a different way.
I for one do not want Ethiad sponsorhip to go PSG way where it is so unreasonable that its bullshit.
Everyone wants self sustainability and city to make profits.
Self sustainability should be no matter if Etihad is there or not.
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