Thursday, 7 July 2016

One More Year: Napoli And Lete Upgrade Shirt Sponsorship Agreement

Italian football team Napoli have agreed a one-year extension with longstanding shirt sponsor Lete.

According to SB Nation, last season was the tenth of the partnership between Lete and Napoli, a long-term relationship that has seen Napoli rise from the agony of bankruptcy to the heights they've reached in recent years. They're not the only sponsor on Napoli's shirts, currently joined by Naples-based pasta company Garofalo and previously by MSC Cruises, but they are the main sponsor, and the sole logo on the shirt when Napoli play in European competitions.

Exact terms of the deal are unknown, but it's believed to be a simple one-year extension of the existing sponsorship agreement. That would mean the deal is still worth roughly €5 million per season, which isn't exactly a mouth-watering sum in this modern world of finance-driven football.