The top tier side saw commercial revenue dip from £70.6 million to 62.6 million, including sponsorship earnings, which recorded a 16.2% decline over the prior year quarter to £37.8 million – a figure that was largely attributed to the Chevrolet extension.

Introducing our new shirt partner, starting 2021/22 /QpUymuNEnjĮarlier in the month, Manchester United published its latest financial report, with the club posting a net debt of £455.5 million in 2021.

The firm will replace Chevrolet as the club’s primary shirt sponsor, with the car manufacturer having appeared on United’s shirts for seven years.Ĭhevrolet’s contract was due to expire at the end of last season but the club opted to ink a short-term, six month extension to the agreement after failing to find a new partner due to the financial disruption of the COVID-19 crisis. “We are very excited about this partnership, as it will significantly expand our brand positioning and it will help us to market our comprehensive solutions portfolio to all customer segments globally,” remarked Oliver Steil, TeamViewer Chief Executive Officer.

The agreement is reportedly said to be worth around £47 million per year, representing the largest shirt-only sponsorship in the top flight and the most lucrative partnership to be negotiated by a Premier League club during the coronavirus pandemic. įrom the start of the 2021/22 season, TeamViewer’s logo will be featured front and centre of United’s shirts, becoming the sixth main shirt sponsor in the Red Devils’ history following Sharp, Vodafone, AIG, Aon and Chevrolet. Manchester United’ s extensive search for a new principal shirt partner has finally come to a conclusion after the Premier League giant announced a five-year collaboration with global technology company TeamViewer.

Teamviewer logo man utd