"BenQ" will sponsor Madrid's "Real" club © EuroFootball.com

The Madrid club has agreed with "BenQ Mobile" on a five-year sponsorship contract, which will come into effect from next season and will be valid until 2010.

According to the Spanish press, the contract is worth around 100 million euros per five years.

"We are happy to have signed a contract with 'BenQ Mobile'," said Real's marketing director on Tuesday. "This is an ambitious and innovative company. Additionally, their work in the Asian market will allow us to expand our activities in this region."

The famous Taiwan mobile phone manufacturer "BenQ Mobile" recently reached an agreement with the German giant "Siemens" for the acquisition of the mobile phone division "Siemens Mobile", which had previously sponsored "Real".

Starting from next season, both the "Siemens" and "BenQ" logos will be present on Real's jerseys.