Bundesliga: Gazprom (energy) extends deal as FC Schalke 04 shirt sponsor until 2021-22

Gazprom, the Russian energy supplier, has extended its deal as the main shirt sponsor of FC Schalke 04 (Bundesliga) for five seasons, on 07/05/2016. The current contract, which ends at the end of the 2016-17 season, has been extended until 30/06/2022. Gazprom has been the main shirt sponsor of the German club since the 2007-08 season.

During the 2012-2017 period, the sponsorship deal between Gazprom and FC Schalke 04 has been worth between €15m and €20m per year depending on the sporting performance of the club (a total of between €75m and €100m for the 2012-2017 period). For the 2017-2022 period, the annual amount will be between €24m and €30m (between €120m and €150m in total), according to German media.

"With this long-term contract, GAZPROM will have a large contribution to FC Schalke 04's financial stability. This planning security with our most important partner is a milestone in our successful financial development. We will continue to expand our partnership, looking to engage in projects together in the Chinese market," said Alexander Jonst, marketing director of Schalke 04…