Bundesliga: Tipico (sports betting) extends its partnership with Bayern Munich until 2020-21

The sports betting operator Tipico has extended its platinum partnership with FC Bayern Munich (Bundesliga), on 31/05/2017. This partnership, in the second level of the club's sponsorship hierarchy, will run until the end of the 2020-21 season, an extension of two seasons, as the initial contract was scheduled to end at the conclusion of the 2018-19 season.

The annual amount is estimated at €5m by specialised German media. Tipico has been a platinum partner of Bayern Munich since the 2015-16 season. As part of this extension, Tipico will maintain visibility on the signage at the Allianz Arena (75,000 capacity) and on the club's communication platforms.

• The partnership extension was announced in the presence of Oliver Kahn, the legendary goalkeeper of Bayern Munich (1994-2008) and the ambassador of the sports betting operator Tipico.

"The cooperation is very successful for both partners" (M. van der Goes, Tipico, on 31/05/2017)

• "The cooperation is very successful for both partners, the premature renewal of the contract confirms this.

• We look forward to the next four years…