Levante Kit Contract Deal with Italian sportswear brand Macron is worth €1 million. Macron is the club’s technical sponsor since 2017.
The current kit deal is the renewal of the previous existing ki deal between Levante UD and Macron.
The renewal was announced ahead of the 2021-22 season.
Now take a look at the financial numbers behind the Levante Kit Contract Deal with Macron:
|Duration||4 years (2021-2025)|
|Yearly payments||€1 million|
|Total payment over 4 years||€4 million|
|Any performance-related clauses?||€1 million a year will be added to the yearly deal if Levante qualifies for the Europa League.|
Macron replaced the American sportswear brand Nike to become the official kit supplier for the club’s match days kit.
The kit contract deal is worth €4 million in total payment over 4 years, valid from July 2021 until 2025.
Macron first signed the kit supplying deal with the club in 2017. The deal was for two years. However, in 2019, they extend the deal to a further three years.
Now again, both parties view the contract and decided that Levante UD will wear the Macron kits until the end of the 2024-25 season.
Levante shirt sponsorship contract deal
Ahead of the 2021-22 season, Levante UD announced a shirt sponsorship deal with finance company “Gedesco”.
Levante UD shirt sponsorship deal with Gedesco is worth €2 million per year. With this contract, Gedesco gets access to front-of-shirt branding rights for the club’s matchday and training shirts.
Have a look at the financial numbers behind the deal:
|Duration||4 years (2021-22 season to 2024-25)|
|Yearly payments||€2 million a year|
|Total payment over 4 years||€8 million|
|Any performance-related clauses?||€1 million a year will be wiped off the yearly deal if Levante UD gets relegated from the La Liga.|
Levante UD signed a four-year shirt sponsorship deal with Gedesco, which will end in 2025.
The shirt sponsorship deal is worth €8 million in total payment over 4 years, valid from July 2021.
Gedesco’s logo will be featured on the club’s matchday kit. Moreover, Gedesco’s logo will also feature on Levante’s training kits and on the club’s grassroots football teams’ uniforms.
The deal only became possible when The Valencia-based club had to cancel their previous deal with Betway following the Spanish government’s recent ban on betting sponsorships.