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Real Madrid president Florentino Perez has secured the “deal of the century’ with kit sponsors Adidas.
Marca says Florentino has struck a ten-year agreement with Adidas worth a staggering €1.1 BILLION. The deal is to kickoff in 2020 and will run to 2030.
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Adidas have been Real’s kit partners since 1998 and currently pay the European champs €52m a year.
It’s suggested the €1.1bn deal is the base and can increase through success.
Driving the negotiations was vice-president Jose Angel Sanchez, with the finishing touches now being put together.
