adidas & Real Madrid have renewed their technical sponsorship agreement, in what is believed to be the biggest deal of it’s kind.
The Three Stripes have provided kits to Real Madrid since 1998, and are now set to ensure that agreement stretches well into the future, tying up a deal that will keep adidas at the Bernabeu until 2016.
Negotiations were apparently fluid between the two parties, with both adidas and the Real Madrid board satisfied with the work both have put in since the last renewal in 2006.
This will come as frustrating news to both Nike and Chinese sports super-brand Li Ning, who were both interested in bidding for the right to produce the famous Los Blancos shirt – until adidas tabled a record-breaking €50m per annum.
The huge technical sponsorship agreement is certainly a large investment for adidas, but will likely not be seen as a gamble by the bigwigs in Germany, with Real Madrid’s brand power only on the rise as they battle Barcelona for Spanish supremacy.
Given some context, on the evening of the Spanish Super Copa alone the equivalent of €600,000 worth of Real Madrid home shirts were sold just at the Santiago Bernabeu stadium store. Add to that the Copa del Rey holder’s appeal across the globe, and adidas soon begin to make their money back.
Are you happy to see the three stripes stay on the Real Madrid for another 5 years?
Let us know in the comments!
obiously every would luv to see madrid in the famous 3 stripes..if not for that the madrid wont be REAL MADRID
I personally miss the 3 stripes on Manchester United and Arsenal 😀
3 stripes on Manchester United?Â
Well, adidas is known to be badged for Madrid, I just can’t see Nike over them even though I like both brands really.
It looks like the 2 big brands in soccer split the market in every country and each one sponsors one of the 2 most important teams. In Spain, Real Madrid isÂ Adidas and Barcelona is Nike, in France PSG is Nike and Marseille is Adidas, in Italy, Inter wears Nike and Milan Adidas, in England Manchester & Arsenal are supplied byÂ NikeÂ while Chelsea and Liverpool wear 3 stripes. In Argentina, Boca Juniors is Nike and River Plate (even though now is in the 2nd division) is sponsored by adidas. In Mexico America players wear Nike and GuadalajaraÂ´s Adidas. and this happens in almost every country we take a look at-Â There is a lot of money in soccer and these brands know how to get their share….
â‚¬600,000 worth in one evening
Assuming they were all adult replicas that’s â‚¬80 a shirt = 7,500 shirts in one day.The Store at the Santiago Bernabeu is open for 10 hours. (10:30 – 20:30) every day.750 shirts an hour or 1 every 5 seconds.Impossible is Nothing.
oh yeah…i’m happy…