Bayern Munich have officially announced their partnership with the German telecommunication company until 2027.
The contract extension with Telekom has already been hinted at in the past few weeks, and as of today, it is now official. Telekom will remain the main sponsor of the German record champions until 2027. The original contract has been extended by five years.
The German telecommunications company logo has been on Bayern’s chest since 2002.
Bayern CEO Oliver Kahn commented on the extension as follows: „We are very happy that Deutsche Telekom has been at FC Bayern’s side for 20 years. […] Together we have already experienced a unique success story. Our goal is to continue to set standards, in sport and beyond – and we have succeeded once again with this contract extension.“
It was revealed in midweek that the sponsorship contract with Telekom will bring Bayern „at least 50 million euros per season“, which would correspond to an increase of more than 10% percent and would bring Bayern 250 million euro in 5 years. The sum can increase depending on the success of the team.