Bundesliga: Mercedes-Benz Bank extends its deal as shirt sponsor of VfB Stuttgart until 2018-19

Mercedes-Benz Bank, a banking and insurance subsidiary of the German automobile group Daimler, has extended its partnership with VfB Stuttgart (Bundesliga) for two seasons, on 10/05/2016. The agreement, which makes Mercedes-Benz Bank the German club's shirt sponsor until the end of the 2016-17 season (annual payment: €7m), now runs until the end of 2018-19.

Mercedes-Benz Bank have been the main shirt sponsor of VfB Stuttgart since 2011-12. The new agreement includes an extension of the partnership to all of the club's youth teams from 2016-17. The automobile manufacturer Mercedes-Benz is also the holder of the naming rights of the club stadium in Stuttgart (Mercedes-Benz Arena) since 2008 and will be until 2038 (€20m over the period, or about €667,000 annually).

VfB Stuttgart are currently 17^th in the 2015-16 Bundesliga standings after 33 matchdays with 33 points, three points above the team who currently occupy the spot above the relegation zone (Eintracht Frankfurt, 15^th). The club travel to VfL Wolfsburg on the 34^th and final Matchday of the season, on 14/05/2016, kickoff at…