Report: Adidas unhappy with AC Milan contract

By Oliver Fisher -

According to reports from La Repubblica, there is a worrying situation for Milan, who are already facing a budget heavy in the red.

Now it has come to light that their technical sponsor Adidas would like to renegotiate the deal that binds them until 2023 with the Rossoneri club.

The reason, according to the newspaper, lies above all in the poor results obtained by Milan in the last few years and that it does not guarantee the German company enough revenue to guarantee the disbursement made.

The biggest problem is the amount of jerseys sold, which is about half of that recorded by Juventus, which, at €23million-a-year, earns only €3million more from Adidas than Milan.

If, on the one hand, Adidas wants to renegotiate the agreement with Milan, while the Diavoli will want to keep a strong hold of the contract signed in 2013. Milan cannot afford any other losses to be included in the budget and does not want to touch the €20million received annually from Adidas.

Tags AC Milan Adidas Italy Milan News Rossoneri Serie A
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