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"Juventus" has signed a six-year cooperation agreement with "Adidas".
During this period, the Germans have committed to transfer 139.5 million euros to the bank account of the strongest Italian club.
The contract will come into effect on June 30, 2015, when the current club sponsor "Nike" contract expires.
The press release also notes that "Adidas" will annually pay an additional 6 million euros for the rights to sell its products with "Juventus" branding. Bonuses for achieved results are not included in the total of 175.5 million euros.
Each year, "Juventus" will receive at least 29.5 million euros from the German company. This amount is almost double what the Italian club currently receives from "Nike" - 16.5 million euros.
