The LaLiga club, Real Madrid, has announced a new extension of its sponsorship deal with a global airline company, Emirates.
With this news, Emirates will continue to be the main club sponsor for the prevailing LaLiga and UEFA Champions League champions until the end of the 2025/26 season.
As per the Spanish publication Marca, the latest sponsorship deal between the two parties is worth €70 million ($68.2 million).
The extension expands on a relationship that originated in 2011 when the corporation became a global sponsor of the team before becoming a front-of-shirt sponsor in 2013.
Real Madrid will be able to use Emirates’ services for their global travel needs as part of the partnership.
Recently, the club also inked sponsorship associations with Softtek, Zegna, Cantabria Labs and BMW.