TeamViewer is United's sixth front of shirt sponsor and the second to have its deal ended early after Vodafone, who terminated their deal two years ahead of schedule back in 2006. The letter read: 'As active investors we will not tolerate that you spend 1.4x your net profit or over €70million per year on sponsorship contracts with Manchester United and Mercedes Formula 1. Replaces Chevrolet deal.Similar to Barca deal with Rakuten, which was. The German company announced in August that they would not be renewing their five-year contract with United and pressure from investors to end the partnership even sooner has been intensifying ever since. Manchester United have announced a new five-year shirt sponsorship with technology company TeamViewer. TeamViewer had actually been accused of showing 'appalling judgement' and 'hubris' over their partnership with United in a scathing letter from investors Petrus Advisers last month, who hold a near 3% stake in the company. 'Once a new shirt front partner is selected and takes on this role, TeamViewer will continue as a valued member of Manchester United's suite of global partners, providing Manchester United with remote connectivity solutions, until the end of the original contract term in 2026.'Īlthough something of an embarrassment for both parties, the tone of United's statement suggests they believe they can secure a deal worth in excess of the £235m TeamViewer agreed to pay in 2021 - even though there is uncertainty surrounding the club after the Glazers announced they were considering a sale.ĭespite being negotiated during the pandemic, the TeamViewer contract was United's second biggest commercial tie-in, though it was dwarfed by their £750m kit deal with manufacturers Adidas. 'Having agreed its partnership with TeamViewer at the height of the Covid-19 pandemic, Manchester United will be taking the opportunity to commence a focused sales process for a new shirt front partner in a normalised market. It is also understood United are in discussions over a new training kit sponsor and intend to replace Chevrolet with a new automobile sponsor, although no further details have emerged on that story yet.The German technology company - which specialises in remote access computer software - had come under fire from investors over their mega-money, five-year deal with the Red Devils.Īfter months of talks, United and TeamViewer have now agreed to terminate their contract once a new shirt sponsor has been found, though they will continue as a 'global partner' until the end of their contract in 2026.Ī statement from United read: 'After a period of collaborative, private discussions over the past months, Manchester United and TeamViewer AG have reached a mutually beneficial agreement under which Manchester United shall have the option to buy back the rights to the club's shirt front sponsorship. We are looking forward to working with TeamViewer to bring to life our vision for a partnership built on smarter ways of connecting people and businesses.” The ability to connect and collaborate has never been more important to the world and our community of 1.1billion fans and followers. Richard Arnold, Managing Director, Manchester United, said: “ We are tremendously proud to be establishing this partnership with one of the most exciting and dynamic global software companies. The TeamViewer logo is blue and white but will be modified to just white on United's shirts due to their rivalry with neighbours City. For those unfamiliar, TeamViewer is one of Europe’s fastest-growing software companies and has been installed on over 2.5billion devices, has nearly 600,000 subscribers, and operates in almost all countries globally. Germany-based TeamViewer will replace Chevrolet at the start of the 2021/22 season on the front of United shirts, ending the American car manufacturer's seven-year run as United's shirt sponsors. Isaac Johnson 18:15, TeamViewer is United's principal shirt sponsor (Image: 2022 Getty Images) Manchester United’s principal shirt sponsor, TeamViewer, has decided it does not.
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