Major sponsor for Galatasaray: The amount to enter the treasury has been revealed

Galatasaray has updated its sponsorship agreement with Puma and notified the Public Disclosure Platform (KAP). Under this new agreement, the yellow-red club will receive 83 million euros over a 10-year period. Additionally, up to 14.5 million euros in extra revenue can be earned if specified success criteria are met.

The official statement from the club is as follows:

"An additional protocol has been signed to amend the sponsorship agreement signed between our company and Puma Spor Giyim Sanayi ve Tic. A.Ş. (Puma), which was announced on KAP on November 20, 2023. With this protocol, the duration of the contract has been extended until the end of the 2035-2036 football season. According to the main contract, the total net fixed payment of 25 million euros to be paid to our company has been revised to 83 million euros for 10 football seasons. Furthermore, a performance bonus of up to 14.5 million euros may be earned if performance conditions are fulfilled."

News Source: 12punto