AC Milan are moving towards an agreement with Emirates which would see the airline continue being the club’s primary sponsor, it is claimed.
The two parties have been licked in talks for months to prolong the current contract – which expires on 30 June 2020 – and continue the relationship between the club and its longest tenured current sponsor.
MilanNews.it reported back in September that Ivan Gazidis has been at work with the Dubai-based airline to gauge the possibility of a renewal, but also that talks were held with other potential sponsors to help increase revenue, including one who could potentially buy naming rights for the new stadium shared with Inter.
According to Radio Rossonera journalist Pietro Balzano Prota however, Milan are moving towards extending their agreement with Emirates.
However, the journalist notes that the figures are not yet known and could be slightly inferior revenue wise from Milan’s point of view.
Back in 2014, ESPN reported that Milan had signed an agreement with Emirates for five more seasons (until 2020) in a deal worth arounf €85million.