Bayern Munich have come to an agreement with 'Telekom' to renew their position as main sponsor until 2026. The club are set to receive 50 million euros a year from the deal. The agreement also contains bonuses which could result in Bayern receiving even more than 200 million euros across the four year period.
The 'T' that is seen on the Bayern shirts and that appears in the Allianz Arena is the logo of the German telecomms giant 'Telekom'. The company has now further strengthened its relationship with the Bavarian club.
The new sponsorship agreement will provide the club with a substancial sum of money. This is on top of all the winnings Bayern receive from being at the top of the German league year after year.
The quantity of sponsorship money that Bayern will recieve from the company is set to increase. According to 'Bild', the Bavarians are currently paid 45 million euros a year.
Now, with the new contract until 2026, 'Telekom' will increase their payment to 50 million. Moreover, they have included a series of bonuses which if achieved, could mean that Bayern receive over 200 million euros by the end of the deal.