AA-Sport > Football > Italian media: Emirates increases sponsorship of Milan by 20% to 35 million euros per year
Italian media: Emirates increases sponsorship of Milan by 20% to 35 million euros per year
October 16th, according to reports from Milan News Network, Milan officially announced the renewal agreement with Emirates Airlines. The two parties reached a new five-year agreement and increased the sponsorship amount to 35 million euros.
This agreement further consolidates the relationship between the Rossoneri and Emirates Airline. Emirates has associated its brand with Milan since 2007 and has continued to be the team's main shirt sponsor since the 2010/11 season.
As is common practice in this situation, what the two parties reached at the Dubai Summit in March was formally written into the contract, especially the details about the new amount of this cooperation. According to Milan News Network, the fixed amount of the new contract has increased by about 20% on the original basis, which means that Milan will receive approximately 35 million euros in sponsorship funds from Emirates every year to continue to be the main sponsor of the men’s football first team, the Milan Future Team, the U19 echelon and the entire youth training system (the main sponsor of the women’s football team is BancoBPM).
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