Manchester City signs a new contract worth £1 billion with Puma

Manchester City has signed a new sponsorship deal with Puma worth at least £1 billion, reports The Guardian.

Manchester City, Getty Images

The new contract is set to last until at least 2035, and now City will receive £100 million per season from their technical sponsor, which is £35 million more than the previous agreement.

Puma has been the technical sponsor for the "Citizens" since 2019. During this time, the English club has managed to win four English Premier League titles.