A huge uplift in revenues has occurred over recent years, with Manchester United having signed a long-term deal with Chevrolet to sponsor their kit, bringing in £59m annually. Manchester City’s deal loaning Angeliño to RB Leipzig has been completed with some interesting quirks. Manchester City have confirmed the City of Manchester Stadium will be renamed the Etihad Stadium after signing a 10-year deal with the airline. As such, there is uncertainty surrounding the scale of new contracts across football. A move away from Etihad, who recorded losses of almost £600m in the first six months of this year as a result of the pandemic, would have represented a significant shift. Manchester City Council’s planning committee have already given their assent to the plans for the new arena on the Etihad Campus. City, rightly, had strongly denied any wrongdoing and won an appeal with the Court of Arbitration for Sport to overturn a two-year ban from European competition. Manchester City are set to extend their mega-money sponsorship deal with Etihad, Etihad started sponsoring the club in 2009 and gained stadium name rights two years later. Manchester City are closing in on a deal to sign Valencia winger Ferran Torres, with the Spain Under-21 international having agreed terms on a five-year deal at the Etihad Stadium The club’s arrangement with the Abu Dhabi airline formed part of UEFA’s Financial Fair Play probe — launched on the back of leaked documents published in German magazine, Der Spiegel. It remains to be seen whether City eventually separate their kit and naming rights deals between two parties in the future. Manchester City own the majority of the land in the Etihad Campus, and the deal has been proposed by Oak View Group. Feedback from the community, local companies, MPs and councillors were all submitted beforehand and have shaped the final proposal. We are no longer accepting comments on this article. Mario Balotelli has 'Black Power' inked above his eye and a... Chelsea close to agreeing £50m deal for Leicester City... Premier League kits 2020-21: All the home and away strips... After crisis talks with new boss Koeman, the unthinkable is... Brazilian goalkeepers aren't such a joke now, are they? As such, there is uncertainty surrounding the scale of new contracts across football. The plans for the venue took form in March. Published: 22:34 BST, 21 August 2020 | Updated: 22:38 BST, 21 August 2020. Manchester City officially moved on from left-back Angeliño, with Pep Guardiola allowing him to return to German side RB Leipzig on loan for another season. Manchester City have been sponsored by Abu Dhabi airline Etihad since 2009, and the airline company has also had Manchester City’s stadium rights since 2011. Etihad started sponsoring the club’s kit in 2009 and, two years later, announced a 10-year partnership to include naming rights of the stadium and the surrounding campus. In return, HWT says it will be able to provide customers with 'money can't buy' City experiences and prizes. Those alleged that, between 2012 and 2016, the majority of Etihad’s £67.5million-a-year sponsorship was funded by the club’s owner, Sheik Mansour. Pep and his men look to go 2/2 in league play. The comments below have been moderated in advance. The CAS panel concluded they were not ‘comfortably satisfied’ that ‘arrangements discussed in the emails were in fact executed’. The report from the Daily Mail also states, “that new commercial opportunities for Premier League clubs are complicated by the global financial impact of Covid-19, with industry sources suggesting shorter-term deals may be more prevalent.”. The new arena scheduled to be built next to Manchester City’s Etihad Stadium has won a naming rights deal with Co-Op Live worth almost £100m, reports Lukasz Baczek. New commercial opportunities for Premier League clubs are complicated by the global financial impact of Covid-19, with industry sources suggesting shorter-term deals may be more prevalent. Premier League champions Manchester City aims to sell the front-of-shirt sponsorship rights currently held by the Abu Dhabi state carrier Etihad Airways, SportBusiness can reveal. Construction is anticipated to begin in the next couple of months, with 2023 the schedule opening date. The club’s deal with the Abu Dhabi airline formed part of UEFA’s Financial Fair Play probe. Man City receive financial boost as UK’s biggest arena set to be built next to the Etihad Stadium wins £100m naming deal September 27, 2020 September 27, 2020 markgough96 The new arena scheduled to be built next to Manchester City’s Etihad Stadium has won a naming rights deal with Co-Op Live worth almost £100m, reports Lukasz Baczek . The midfielder departs the Etihad … Furthermore, Etihad, unlike other sponsors across the world, have no ownership stake in the club. The arena will provide a further boost to the prestige of Manchester City Football Club, and hopefully help to create jobs and boost the local economy of the wider area. Find out how to get to the Etihad, events, tours and more about the home of Manchester City. The Co-op brand have won the battle for the arena’s naming rights, penning a 15-year deal that will see it named the Co-op Live Arena.