Man. City Said to Earn 300 Million Pounds in Etihad Pact
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English soccer club Manchester City will earn more than 300 million pounds ($480 million) in a 10-year sponsorship agreement with Etihad Airways, according to a person familiar with the situation.
The contract with Abu Dhabi’s government-owned airline calls for the English Premier League team’s playing facility to be renamed Etihad Stadium, and the airline will also back City’s plans to develop land around the site. Other sponsorships, including an extension of the team jersey contract will push the value past 300 million pounds, said the person, who asked not to be identified because the terms haven’t been made public.