Chelsea have announced their "largest ever commercial deal" with Yokohama Rubber, reportedly worth £40m a year. Chelsea have agreed their largest ever commercial deal in signing a five-year shirt sponsorship agreement with Yokohama Rubber, believed to be worth around £40 million per season. Manchester United, where the £53m-per-year deal with carmaker Chevrolet ends in 2020-21, and at Manchester City, where, as SportBusiness revealed, Etihad is seeking an exit from its £40m-per-year deal also after the 2020-21 season. Yokohama tyres. Chelsea's Bruce Buck and Christian Purslow were joined by Yokohama's Mr Tadanobu Nagumo and Mr Hideto Katsuragawa… Yokohama Signs Multiyear Deal with Chelsea F.C Published On 2020-01-24 13:59:42 By Anand Priyadarshi 310 views The new agreement will take effect from July 2020, after its current Official Shirt Partnership agreement with Chelsea FC expires as scheduled in June. CHELSEA are in talks over extending their £200million deal with Yokohama Tyres as the current contract enters its final year. According to The Telegraph, the deal is worth almost £40 million a year, a figure that puts it second only behind Manchester United’s sponsorship agreement with Chevrolet. Chelsea have brought to an end their shirt sponsorship deal with Japanese tyre manufacturers Yokohama after five years, but their commercial relationship with the firm will continue. Chelsea AFC-Of course, the agreement that has been signed. In 2013, Chelsea extended its kit deal with Adidas for 10 years at an average of $45 million annually. Chelsea’s current contract is dwarfed by Manchester United’s £64 million-a-year deal. This places Chelsea right at the top of European football, with one of the biggest shirt sponsorships ever signed. Chelsea are searching for a new shirt sponsor after ending their deal with Yokohama in pursuit of a more lucrative deal to match their rivals. Chelsea have secured a £50 million sleeve sponsorship deal with Hyundai for next season with the most lucrative contract of its kind in the Premier League. Chelsea Football Club is delighted to unveil The Yokohama Rubber Company Ltd as our new Official Shirt Partner in our largest-ever commercial deal. Chelsea have announced their "largest ever commercial deal" with Yokohama Rubber, reportedly worth $61 million per season. Chelsea FC have announced Japanese tire manufactures Yokohama Rubber as their new official shirt sponsors, on a reported five-year deal that will start at the beginning of the 2015/16 season. CHELSEA have ended their shirt sponsorship deal with Yokohama Tyres, with phone company Three set to take over from the start of next season. Chelsea, who agreed a 10-year kit deal with Adidas worth in the region of 300 million pounds in June 2013, said the size of the deal with tyre manufacturer Yokohama Rubber was commercially sensitive. Following the announcement of our five-year shirt partnership with Yokohama on Thursday, Chelsea TV spoke with the executives involved in the deal on either side. The Blues will maintain their relationship with the Japanese tyre company, who first sponsored the club in 2015, but the company’s logo will not be the most prominent sponsor on the shirts moving forward. SportBusiness Sponsorship understands that the £40m figure is only reached after a number of clauses are enacted. Chelsea have signed a new sponsorship deal with Yokohama Rubber that will more than double the £18 million the club currently receives every year from Samsung to grace their shirts. The deal […] CHELSEA have ended their shirt sponsorship deal with Yokohama Tyres, with phone company Three set to take over from the start of next season. The Blues have had the Japanese company's logo emblazoned across their shirts since signing a £200million five-year deal back in 2015. Chelsea have brought to an end their shirt sponsorship deal with Japanese tyre manufacturers Yokohama after five years, but their commercial relationship with the firm will continue. — Chelsea FC (@ChelseaFC) February 26, 2015 The obvious benefit of this deal is the increased spending power Chelsea will have, as an additional £22 million per season will go a … So, will be for 5 years from this year (2015) , Significantly, and will put them up there with the big tyre players. Chelsea sign £40m-a-year Yokohama Rubber shirt sponsorship deal. I believe that Chelsea will extend the deal because Yokohama tires is a very good sponsor for them. Yokohama announced that the company has signed a multiyear Official Global Tire Partnership agreement with Chelsea Football Club of English Premier League.. They now have less than a year left to renew the deal … English soccer club Chelsea have agreed a new five-year shirt sponsorship deal with the Yokohama Rubber Company. Chelsea on Thursday revealed The Yokohama Rubber Company Ltd will be their shirt sponsor from next season in a five-year deal which is reported to be the second largest in Premier League history. Chelsea have agreed their largest ever commercial deal in signing a five-year shirt sponsorship agreement with Yokohama Rubber, believed to be worth around £40 million per season. Chelsea have signed the second most lucrative shirt sponsorship deal in the history of English football with Yokohama Rubber. Chelsea and The Yokohama Rubber Company, have reached an agreement for the Japanese company, to become the Premier League’s club new official shirt partner. Chelsea’s five-year, £200m deal with Yokohama (Tyres) is ending this season, and it would appear that they will not be returning as shirt sponsors next season. The new value and length of this deal have not been reported. With Chelsea finding a replacement for Yokohama, there are now just two major Premier League shirt deals on the market. Chelsea have signed a deal reportedly worth $61.64m a year with The Yokohama Rubber Company -- it's the biggest shirt sponsorship deal in the club's history. Chelsea are in talks with Japanese giants Yokohama tyres about extending their deal beyond the end of their current contract, according to reports. Chelsea has signed a mega shirt sponsorship deal with Japanese tyre manufacturer Yokohama Rubber, yielding a reported £40m (€55m, $62m) per year to the football club. Fans on social media reacted with mix views, with Chelsea supporters generally praising the kit whilst others were seemingly put off by the size of the ‘3’ adorned onto the front of the shirt. Chelsea have announced their “largest ever commercial deal” with Yokohama Rubber, reportedly worth £40m a year. Chelsea’s five-year deal with the Yokohama is worth a maximum of £40m ($49.1m/€44.5m) per year, from 2015-16 to 2019-20. Twitter user @TweetChelseaUK said: ‘Big fan of it.’ while Blues fan @ChazaSmith said: ‘Looks like pyjamas and the 3 looks hideous would rather of seen three written on it. Yesterday evening, Chelsea Football Club signed what is said to be the second most valuable shirt sponsorship deal ever in English football when it entered into an agreement with Yokohama Rubber. The Japanese group, best known for its Yokohama Tire brand, will have its logo on the front of the Premier League leaders' matchday shirts from the start of the 2015/16 season. The new agreement takes effect from July 2020, after the current Official Shirt Partnership with Chelsea FC expires this June. - Okafor Chigaemezu Ifeanyi - 2019-10-02 22:45:29 Quote It has really been a great year for both Chelsea and Yokohama, it was a massive contract back in the year 2015. 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