Bayern Munich have extended their contract with kit sponsor Adidas until 2030 – and the deal is reportedly worth around a staggering £645m.
The current deal with the Bundesliga giants wasn’t set to expire for another five years, but Adidas confirmed on Tuesday that a 10 year extension had been agreed, the Daily Mail report.
Adidas spokesperson Oliver Bruggen revealed, “With this extension of the contract until 2030 adidas will continue its long partnership with FC Bayern München.”
The agreement was reached on the same day that Bayern were knocked out of the DFB-Pokal semi-final in an incredible penalty shoot-out against their rivals Borussia Dortmund – making it 24 hours of mixed fortune for the German powerhouse, as they banished their dreams of a treble-winning campaign.
Despite taking the lead through Robert Lewandowski after 29 minutes, Jurgen Klopp’s men equalised with just 15 minutes of normal time to play – sending the game all the way to penalties.
Xabi Alonso and Philipp Lahm both slipped taking their spot-kicks, while Manuel Neuer saw his shot bounce off the bar, and Mario Gotze had his effort against his former club saved – in what was a bizarre end to the clash that saw Dortmund win 2-0 on penalties.