24 Nov 2012

Arsenal in new deal with Emirates

7:52 am on 24 November 2012

Arsenal Football Club has signed a new £150 million deal with Emirates airline, extending its shirt sponsorship to 2019.

Naming rights to the Emirates Stadium in north London were also extended to 2028 as part of the deal.

In total, the agreement brings in £30 million per season for Arsenal in terms of shirt and stadium sponsorship. The BBC reports the new contract is one of the biggest in football.

Emirates first signed a sponsorship agreement with Arsenal in 2004.

In 2011, Barcelona signed a shirt sponsorship deal in the game worth 30 million euros (£24 million) per year with Qatar Foundation.

Earlier this year, Manchester United signed a new deal to have Chevrolet on its shirts for seven years. The deal, which begins in 2014, is reportedly worth at least £45 million per season until 2021.

Liverpool signed an £80 million, four-year shirt sponsorship contract with Standard Chartered in September 2009.

Last year, Manchester City signed a 10-year deal reportedly worth £400 million with Etihad. The airline's name will go on both the club's shirt and the stadium.