Free For Chevrolet: Manchester United Extends Chevrolet Deal For 6 Months Until December 2021

Friday, 23 October 2020
Manchester United yesterday announced that Chevrolet will sponsor them until December 31 2021 - they have added another six months to their shirt sponsorship deal.



Shirt Sponsorship Contracts That End In Summer 2021 - Man Utd x Chevrolet, Man City x Etihad & Many, Many More

Manchester United To Be Sponsored By Chevrolet Until December 2021




The Manchester United Chevrolet deal is worth UK£64 million (US$83 million) a season. The deal was originally scheduled to end on June 30 2021.

Chevrolet will not pay any extra moneyAccording to the Manchester Evening News, the extension practically means that General Motors (Chevrolet's parent company) will pay the original contract amount but with a free bonus six months on their deal, also as a "result of the impact of the pandemic on the company."

A statement in United's latest financial results said: 'In August 2020, due to the disruption caused by the pandemic, [Manchester United] entered into a variation agreement with General Motors (Chevrolet) to extend the maturity date of the original shirt sponsor agreement by a period of six months to 31st December 2021.

'There are no other significant changes to the sponsorship rights or total consideration, which will now be paid in sterling via instalments during the period to 30 June 2021.'

Man United are continuing to hold 'encouraging' talks with future sponsorsManchester Evening News also reports that Man United are continuing to hold 'encouraging' talks with future sponsors.



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