Manchester United are consulting with another American company to replace shirt sponsor Chevrolet.
As per the report by The Sun, Manchester United are closing in on a new £70million-per-year shirt sponsorship deal with an American Company. A mysterious American software company is expected to be the front-runner to replace Chevrolet. The £64m-a-year deal with Chevrolet will expire in December.
The talks with the potential new partner are ongoing. As per the report, Manchester United could end up wearing and selling the shirts with two different names on the front next season.
The Covid-19 pandemic has already affected the economic condition of every sector of the world. The football world is not an exception. Some small clubs have already faced multiple crises. Now, some big clubs have also started to face the same situation. Manchester United is one of them.
But Manchester United chief executive believe that United is confident of bouncing back strongly from the pandemic — despite the club’s debt rising by £64m to £455m in the last three months of 2020.
The Chevrolet deal was due to expire at the end of this season. But United extended it by another six months because the pandemic damaged their efforts to find a new backer.
However, Woodward wants to keep the club top of the Premier League table for commercial income – and to use some of that money to improve Ole Gunnar Solskjaer’s squad.