Leeds United is back from the Premier League after 16 years in the relegation zone. This return boasts that the fans are investing in the club and therefore the club itself has new equipment. Leeds United’s deal with German sportswear giant Adidas is worth £10m a year.
let’s take a look at the economic figures in the back of the Leeds United and Adidas package deal:
|Duration||5 years (2020-2025)|
|Yearly payments||£10 million|
|Total payment over 5 years||£50 million|
|Any performance-related clauses?||£2 million a year will be added to the yearly deal if Leeds United qualifies for the Champions League.|
The German sportswear brand has changed to Kappa because of the membership’s reputable package. The contract began in 2020.
Leeds United shirt sponsorship deal
Leeds United has signed a sponsorship deal with betting company STOP. The value of the contract is £7 million per year. Let’s look at the details of the contract:
|Duration||3 years (2020-21 season to 2022-23)|
|Yearly payments||£7 million a year|
|Total payment over 3 years||£21 million|
|Any performance-related clauses?||£1 million a year will be reduced into the yearly deal if Leeds United gets relegated from the Premier League.|
The STOP coping with Leeds United is the most important deal in the membership’s history.
the whole cost of the contract is £21 million over 3 years. With this deal, SBOTOP is the surest sponsor of the group’s racing kit jersey.
However, he has a clause to take a £1m annual salary cut if Leeds United is relegated from the Premier League.