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Go Back   TalkSoccer - Soccer / Football Forum > Off The Pitch > The Archives > Old Club Forums > Leeds United
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Old 30-03-2004, 03:06 PM   #1 (permalink)
cresswell25
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Default Some more money coming in

Leeds are set for a multi-million pound cash injection this week less than a fortnight after being saved from administration.

The relegation-threatened club are to announce a new kit-sponsorship deal with Italian sportswear firm Diadora, understood to be worth at least £15m although clauses could push the figure higher.

With Leeds' five-year arrangement with Nike ending this summer and in the wake of their decision not to renew the deal, the Whites have been in negotiations with Diadora for some time.

Discussions continued on Tuesday and although the basis of the contract, likely to be five years, has been agreed, there remain a few details which need to be resolved.

"Negotiations are at an advanced stage and there are now just one or two minor points we are working on, but we're hopeful of announcing the deal later this week," said David Richmond, Leeds' marketing and commercial director.

Providing all goes to plan and there are no late hitches, the club are looking at a launch date of early June.
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Old 31-03-2004, 03:28 PM   #2 (permalink)
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15mil aint bad!!!
I dunno what the average is but i'd be suprised if that was under it.
a healthy boost to the coffers.
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Old 31-03-2004, 03:36 PM   #3 (permalink)
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Jesus wept - that's a lot of Tetleys! I'm sure I read somewhere a while ago that Man Utd's shirt sponsers gave them something like £7m and they thought that were a bloody good deal. Or have I totally imagined that?

£15m :danc: That said, it should just about cover Seth Johnson/Barmby's wages for the remainder of their contracts.
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Old 31-03-2004, 04:02 PM   #4 (permalink)
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i think we get 7m a season for about 10 years or something
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Old 31-03-2004, 05:43 PM   #5 (permalink)
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Aaaaah, bet ours is £15m for the 5 years rather than £15m/year. As if! Thought it were either too good to be true or a bit fishy.
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Old 07-04-2004, 07:06 PM   #6 (permalink)
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I heard it was more like £20 million now over 4/5 years
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Old 07-04-2004, 08:44 PM   #7 (permalink)
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I heard/read that too - we've managed to throw in a load of clauses to bump up the £££ apparently.

Good business sense from a Leeds United board? ::wow:: ::shocked:

Surely not.....::hahaha::
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