Bayern Munich and Audi in talks
Bundesliga giants Bayern Munich are in talks with the Germany based automotive company Audi about an 100 million euro a year investment and sponsorship deal. Audi wants to take a share in the club and sign a lengthy shirt sponsorship agreement; as revealed by the general manager of Bayern, Uli Hoeness.
The percentage negotiated by the two German giants has not yet been disclosed neither has been the length of the agreement. Uli Hoeness said:
“This is a participation (in the club) and a long-term contract. It is a package. An advertising contract and a participation. The amount is well over 100 million euros (£90m).”
He also said that the deal is yet to be finalised but he expects an announcement before the annual general meeting of the club on 27th November.
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