24 October 2017
AC Milan has mutually agreed with adidas to prematurely terminate their technical sponsorship deal
AC Milan has mutually agreed with adidas to prematurely terminate their technical sponsorship deal at the end of the season 2017/2018. The current partnership, which began on 1 July 1998, has been highlighted by a consistent flow of successes with a total of twelve trophies: 2 UEFA Champions League, 1 FIFA World Club Cup, 2 European Super Cups, 3 Italian League titles, 3 Italian League Super Cups, 1 Italian Cup. adidas started partnering AC Milan back in season 1978/1979, the year of the tenth Italian League title.
AC Milan, in thanking adidas for the consolidated relationship, is happy to announce a new Technical Partner will soon follow up. AC Milan has signed a brand-new agreement with a sports manufacturer for a global technical sponsorship and dual branded licensing partnership that will start from 1 July 2018. The identity of the new Technical Partner and the details of the new deal will be unveiled in the coming months.
<p>The Board of Directors of AC Milan S.p.A. approved the preliminary half-year consolidated financial statements as of 31 December 2017 concerning the performance of the first half of 2017-2018 financial year</p>
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