![]() ![]() Nevertheless, the company has decided to review its long-term marketing strategy in light of the current macro-economic environment.”Īccording to the Daily Mail, United accepted a £17m reduction on their £64m-a-year deal with Chevrolet to sign with TeamViewer, even though there were higher offers on the table. Once the announcement was made to withdraw the agreement with Manchester United, the company recovered 5%.Ī TeamViewer statement read: “The international awareness of the brand was clearly increased last year through the partnership (with United). United have said that they will buy back. The share price had fallen by 8% in the latest financial report presented on Wednesday. Manchester United have confirmed that they are searching for a new front of shirt sponsor after their 235m deal with TeamViewer reached a premature end. A five-year agreement began, one that financial analysts in Germany have already branded as ineffective since TeamViewer signed it. The German company signed a £235 million contract in March 2021, replacing Chevrolet. The company has lost 80% of its market value since it became associated with the English club. The deal, which is the biggest shirt-only. A five-year deal was only signed with TeamViewer for the. Manchester United have secured a new shirt sponsor deal with TeamViewer worth 235 million (326m) ahead of their current deal with Chevrolet expiring. ![]() ![]() Goppingen/Manchester, 15 July 2021: From the start of the forthcoming season, the men’s, women’s, and Academy teams of Manchester United will compete in kits bearing the TeamViewer name and logo. United were fourth in the latest version of Deloitte's Football Money League, which ranks clubs based on their revenue, behind Spanish giants Barcelona and Real Madrid and European champions Bayern Munich.TeamViewer, the remote control software company, and a year-long sponsor that Manchester United wears on its shirt, has decided not to renew the sponsorship contract that they signed with the Premier League giants for five years once it expires in 2026. Manchester United are seeking a new front-of-shirt sponsor after agreeing to end their deal with German company TeamViewer. TeamViewer was today unveiled as the new principal shirt partner of Manchester United with the launch of the club’s new 2021/22 home kit. "We are looking forward to working with TeamViewer to bring to life our vision for a partnership built on smarter ways of connecting people and businesses."ĭespite a decline in on-field performance since Alex Ferguson's retirement as manager in 2013, United's strong commercial appeal has allowed the Red Devils to maintain their position as the Premier League's wealthiest club. "The ability to connect and collaborate has never been more important to the world and our community of 1.1 billion fans and followers. In a statement, United's managing director Richard Arnold said: "We are tremendously proud to be establishing this partnership with one of the most exciting and dynamic global software companies. The German technology company are reportedly coming. No figures were disclosed by the club on the value of the new deal. Manchester United shirt sponsor TeamViewer could be set to pull the plug on their 235million deal with the club, according to reports. The American car manufacturers have been the sponsors for Man Utd kits for the last seven years but will be replaced by the German-based technology. The German-based remote software firm will replace car manufacturers Chevrolet, who have been the English giants' main shirt sponsor since 2014.Ī world record deal when it was agreed in 2012, United's seven-year deal with Chevrolet was worth a reported $559 million (£401 million). Manchester United have agreed a deal worth 235 million over a five-year period with technology company TeamViewer, who will replace Chevrolet as the team’s shirt sponsor from next season. Manchester United have agreed a five-year deal with TeamViewer to become their principal shirt sponsor from next season. ![]()
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