Manchester United announce major sponsorship deals with Two Chinese companies
In a first for Manchester United, the English professional football club today announced major sponsorship deals with not one, but two, popular Chinese companies — each in a three-year deal.
While the value of those agreements have not been revealed, Chinese beverage giant Wahaha will become Manchester United’s first official soft drinks partner in the country. China Construction Bank, the country’s second largest bank by market value, will be the club’s first deal with a Chinese financial institution.
Wahaha, based in the eastern Chinese city of Hangzhou, says it has been China’s biggest beverage maker over the past 11 years. Its bottled water, energy drinks and yogurt are ubiquitous from the urban markets of Beijing and Shanghai to rural stalls in the snowy mountains of the Tibetan plateau. Click below for full story -
7 Comments
Its a shame this money will go to paying off the clubs debt and not reinvested into the club!
More revenue for manchester united does not mean more investment into the club.
It means more money for the owners
I bet none of this money goes into buying new players!
Im surprised the share value went up for 5% because the profit of the club will not increase due to this deal.
Instead the money will be used to pay off the owners debt
Unfortunately are not responsible people.
I would like the money from this deal to be invested into setting up a scouting system or youth academy in china for Manchester United.
Instead the money will be eaten up by the horrible owners.
Who cares about the owners. I just care that the club keeps winning matches
It would be nice to see Manchester United set up a youth academy in China but i dont see that happening