Turkey: Adidas believed to extend partnership with Fenerbahce until 2018-19

German kit supplier Adidas are believed to extend their partnership with Fenerbahce (TUR), according to the Turkish press on the 03/01/2014. The contract between the two parties runs until the end of the 2013-14 season and would be extended until 2018-19.

Under the new agreement, Fenerbahce would receive € 11 million per season and Adidas would also supply the basketball team of the Turkish club.

The club are also looking to sell the naming rights of their Şükrü Saraçoğlu stadium (50,000 seats). Fenerbahce would expect a sum close to € 10 m per year, according to the Turkish press.

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Adidas Group

• Founded: 1948
• Headquarters: Herzogenaurach (Germany)
• Industry: sports equipment
• Brands: Adidas, Reebok
• Turnover 2012: €14.88 billion
• CEO: Herbert Hainer

Adidas Group - …