Man United’s £235 Million Sponsorship Deal Is Canceled (See Details)
|The £235 million shirt agreement between Manchester United and TeamViewer has been terminated early.
A new jersey sponsor is now being sought by the Premier League team.
Investors have criticized the German IT business for their massive five-year contract with the Red Devils.
After months of negotiations, United and TeamViewer have decided to end their agreement as soon as a replacement jersey sponsor is identified.
But until the conclusion of their contract in 2026, they will still be a “global partner.”
Part of a United statement stated, “Manchester United shall have the opportunity to acquire back the rights to the club’s shirt front sponsorship under a mutually advantageous deal that has been achieved after a period of collaborative, confidential conversations over the last months.
The TeamViewer agreement, which was signed during the COVID-19 epidemic, was United’s second-largest business partnership, although it was eclipsed by their £750 million kit deal with Adidas.