The Limited Times

Now you can see non-English news...

Brazzo can fill his transfer fund: Deal brings Bayern up to 130 million

2023-03-21T22:28:20.789Z


FC Bayern and Allianz are extending their cooperation for another ten years. The deal should bring the record champions 13 million euros a year.


FC Bayern and Allianz are extending their cooperation for another ten years.

The deal should bring the record champions 13 million euros a year.

Munich – This news means financial planning security for FC Bayern.

As the German record champions and the Allianz insurance group announced on Tuesday (March 21), the multi-million dollar cooperation will be extended by another ten years.

According to

dpa

information, market circles are also speculating about improved conditions as a result of the extension.

From the 2023/24 season until 2033, the cooperation should bring a total of 130 million euros into the coffers of Bayern.

As usual, the club did not provide any information on the financial framework of the cooperation.

Allianz SE

Company headquarters: Munich

Foundation: February 5, 1890

Turnover: EUR 148.5 billion (2021)

FC Bayern and Allianz – partnership on multiple levels

In a statement from the club, CEO Oliver Kahn took the floor and praised the constant cooperation: "FC Bayern attaches great importance to reliable, ongoing partnerships.

Therefore we are very happy to continue our cooperation with Allianz”.

A look back at the last 20 years of joint cooperation is that of a “joint success story”.

Another chapter is now to be added with “new, innovative ideas”.

The liaison between FC Bayern and the insurance group, which has its headquarters in Munich, has existed since 2000.

In addition, the company acts as a name sponsor for the Allianz Arena in Fröttmaning, which opened in 2005.

A further consolidation of the cooperation was the entry as a shareholder in FC Bayern AG in 2014. Allianz, like Adidas and Audi, each holds 8.33 percent.

According to the statutes, the remaining 75% belong to the parent association.

+

Bayern board member Hasan Salihamidzic can look forward to new millions of sponsors.

© Michael Weber/Imago

FC Bayern and Allianz – continuation of the promotion of youth and women's soccer

The company's commitment to women's football, which will continue to be maintained, also goes unmentioned.

Since 2013, the company logo has been emblazoned on the shirts of the Bundesliga players.

"Together we will in the future, among other things, advance the expansion of the partnership with our women's team and implement projects in the promotion of young people," said Bayern Marketing Director Andreas Jung.

He also emphasized the global importance of Allianz as a brand that is associated with the club everywhere: "Allianz is an internationally active Munich company that is associated with the FC Bayern stadium by people around the world."

(

nki

)

List of rubrics: © Michael Weber/Imago

Source: merkur

All sports articles on 2023-03-21

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.