Roger Hampel
FOT: MARCA
In the last few years, Bayern Munich, affectionately known as Die Roten, has forged a lucrative relationship with Qatar Airways. As per recent reports from Bild, the eminent Bavarian club is nearing a renewed agreement with the airline giant.
The current contract between the German Champion and Qatar Airways was poised for a summer expiry. As part of the initial commercial agreement, Bayern Munich has been reaping €25 million annually. Furthermore, Qatar Airways has expressed enthusiasm to extend this fruitful partnership. AZ, in a recent report, stated that Bayern Munich aims to include conditions pertaining to social projects in Qatar as part of their renewed contract. This suggests that the chances of contract extension are highly likely. Earlier this week, Bild had a conversation with Bayern's president, Herbert Hainer, who confirmed the ongoing discussions about a contract renewal with Qatar Airways. He pointed out that the club's focus, apart from the financial and legal matters, is also on the social aspects of the partnership.
Hainer stated, "We are in talks with Qatar Airways. In addition to the financial and legal aspects, we are also concerned with the social aspects. We'll talk to Qatar Airways and then we'll see what happens."
Bayern Munich's renewal with Qatar Airways marks an interesting phase for the club, especially considering the global attention that the Middle Eastern country has been garnering. It should be noted that Bayern officials, specifically Uli Hoeness, have been known to voice criticism towards clubs owned by Gulf states. Despite this, Bayern Munich seems set on maintaining its financial ties with the region, indicating the strategic value of the partnership with Qatar Airways.
Source: Bayern Strikes | https://bayernstrikes.com/2023/06/18/bayern-munich-closing-new-deal-qatar-airways/
Bayern Munich
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