Real Madrid’s Latest Sponsorship Agreement to Bring in Over €1 Billion Starting Next Season
Introduction to the Article
Real Madrid has announced a new sponsorship deal with technological giants HP, set to bring in €70 million per season to the club and resulting in a significant increase in annual income. This partnership, in addition to other revenue streams, will see the club earning in excess of €1 billion per year and will have a significant impact on the club’s ability to sign top players and achieve long-term success.
Real Madrid Teases Big Announcement
On Thursday, Real Madrid hinted at a major announcement coming the following day, sparking speculation that it could be related to a new signing. Many believed it could possibly be Kylian Mbappe, whom the club is hoping to bring in during the summer transfer window. However, it was later revealed that the announcement would be the unveiling of a new sponsor: HP, the technological giants.
New Sponsorship Deal Worth €70M per Season
The deal with HP is reported to be worth €70 million per season for Real Madrid, with the HP logo set to appear on their shirts starting from the 2024-25 campaign. This adds to the club’s existing revenue streams, with the report indicating that Real Madrid will now earn upwards of €1 billion every year in terms of income.
Impact on Club’s Financial Future
The significant increase in annual income, fueled by the new sponsorship deal with HP and other revenue streams such as the new Santiago Bernabeu stadium, is expected to have a substantial impact on the club’s financial stability and future prospects. This influx of funds will make it easier for Real Madrid to sign top players and set the stage for continued success in the years to come.