Daily Mail reports that Manchester United would suffer a massive loss of £25million amount from kit sponsors Adidas if they fail to qualify for next season’s Champion League.
With Adidas the sportswear company, United is the second club to have a mega-money £75m-a-year agreement, the first in the Premier League is Liverpool with a £ 80 m partnership – however, there is a provision which is sure to be troubling the club’s leadership.
Adidas will bring the United contract down to only £50 m, – an amount way below the likes of Chelsea, Manchester City, and Arsenal, as it will not spend £ 25 m of the £ 75 m this season if the club fails to qualify for Europe’s top competition for a second consecutive season.
United was in prime position to take the third spot in the table on Monday night, but a last-gasp equalizer from Southampton fell them immediately to 5th-a location that actually ensures Europa League for next season.
Everton had the largest sponsorship agreement in the Premier League back in January, having reached an £80m-a-season arrangement with Adidas.
Until that point, United’s £75m-a-season Adidas deal was the biggest in British football history.