Relegation-threatened Man United could lose big sponsorship deal: Report

0
39
Relegation-threatened Man United could lose big sponsorship deal: Report
Advetisment

Manchester, Jan 2 (IANS) 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.

United are currently just seven points above the relegation zone. The Telegraph has reported that Adidas has the option to terminate their contract with the club early, with a one-year notice period, if Manchester United is relegated to the Championship next season.

Manchester United’s recently-appointed manager Ruben Amorim has admitted that the Red Devils are in a relegation battle after losing 2-0 to Newcastle at Old Trafford on Monday night.

The last time United was relegated from the old First Division was in 1974, though they did immediately bounce back. Manchester United have won only one of their last five matches in the Premier League and have earned 22 points from 19 matches with only six wins.

The Red Devils will now face another difficult test when they take on league leaders Liverpool at Anfield on Sunday (January 5). United last won at Anfield in January 2017 under Louis van Gaal when Wayne Rooney scored the only goal of the game. A defeat to the Reds on Sunday will push them further down the standings as Crystal Palace are just two points behind them and face Chelsea on Saturday.

–IANS

bsk/

Go to Source

Disclaimer

The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

For any legal details or query please visit original source link given with news or click on Go to Source.

Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.

If you are not willing to accept this disclaimer then we recommend reading news post in its original language.

Advertisment