Real Madrid reportedly negotiating with Under Armour for massive sponsorship deal

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The La Liga giants could end their longstanding relationship with Adidas if the American company will pay the richest sponsorship deal in football

Real Madrid are reportedly discussing a record-breaking sponsorship deal with American sportswear company Under Armour.

Marca claims Los Blancos may be willing to end their longstanding deal with Adidas, who has been the club’s sponsor since 1998.

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The rumoured asking price from Madrid is at least €150 million per year, the Spanish paper says, which would be the highest-value sponsorship deal in the world, outpacing Manchester United’s current deal with Adidas (€95m) and Barcelona’s with Nike (€85m).

Under Amour already has a large presence in the United States, sponsoring American sports stars such as the NBA’s Stephen Curry, the NFL’s Tom Brady and Olympian Michael Phelps.

The company has deals with football clubs as well, with its 2011 kit deal with Tottenham Hotspur the most prominent.

Under Armour was in the news last week as another one of the teams they sponsor, St. Pauli of the 2.Bundesligacriticised the company for their support of U.S. president Donald Trump.