AC Milan have confirmed a new agreement with Puma which will extend the partnership between the two for a further five years.
The Rossoneri have been paired with the sports company since 2018, but this is now a significant new deal given the numbers involved.
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As per the club’s official site, it’s confirmed that as part of the agreement, Puma will become the official naming partner of the Vismara Center, while they will also provide kits for the men’s, women’s and youth teams at Milan.
It’s a major new agreement that will undoubtedly benefit Milan, with MilanNews reporting that the five-year deal is said to be worth around €30m per year, which means that it is over double what the previous deal was worth and will commence in January 2023.
It was undoubtedly an area where Milan needed to extract more revenue, and so hopefully this new Puma contract will help the financial position of the club and allow us to become increasingly more competitive on and off the pitch.
Further, it’s a reflection of our success over the last two seasons in particular, having returned to the Champions League in back-to-back campaigns while also ending our long wait for another Scudetto last year.
Stefano Pioli and the squad will hope to continue that next season, and the club management now have the certainty and financial boost that this Puma deal provides to arm them heading into the transfer market.