Chelsea In Talks To Extend £200 Million Deal With Yokohama Tyres
Published On 10-Oct-2019
Chelsea’s current contract is dwarfed by Manchester United’s £64 million-a-year deal
Chelsea are in talks with Japanese giants Yokohama tyres about extending their deal beyond the end of their current contract, according to reports. They now have less than a year left to renew the deal as it enters its final 12 months.
The Blues signed a five-year shirt sponsorship deal worth £200 million in 2015, then the second biggest in the Premier League. As the deal enters its final leg, Chelsea might also explore other options and let the deal run down to test the market elsewhere, having seen Manchester United and Manchester City sign bumper deals reportedly worth £64 million and £45 million a year respectively.
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Chelsea even went to Japan as part of their pre-season tour, losing 1-0 to Kawasaki Frontale in Frank Lampard’s third game as manager. They are also out of contention in the Premier League lagging way behind the likes of Manchester City and Liverpool.
It is not expected that Chelsea will be able to draw in more money than the likes of City and United- but could secure a rise in their previous £40 million-a-year deal.