Galatasaray Unveils New Jersey Supplier – Latest Sports News
Galatasaray Club Signs 5-Year Sponsorship Deal with Puma
Galatasaray Club has just announced a major partnership with sports equipment manufacturer Puma. The club has reached a 5-year agreement with Puma for a whopping 25 million euros.
According to a statement sent from Galatasaray Sportif Sınai ve Ticaret Yatırımlar AŞ to Borsa Istanbul and the Public Disclosure Platform (KAP), the agreement will come into effect on July 1, 2024, and will cover the 2024-2025 season, concluding on June 30, 2029.
The statement also mentioned that in addition to the net payment of 25 million euros within the scope of the sponsorship and license agreement, Galatasaray will receive premium payments based on sporting success and royalty payments on licensed products to be sold by Puma.
This partnership marks a significant milestone for both Galatasaray and Puma and will undoubtedly have a positive impact on the future of the club. Fans can expect to see some exciting collaborations and products as a result of this agreement.
