![]() ![]() ![]() ![]() Three weeks ago, Manchester United’s owners the Glazer family announced their intention to “explore strategic alternatives” for Manchester United “including new investment into the club, a sale, or other transactions”. “This would lead to a substantial reduction of partnership volume to a single-digit million USD amount p.a., resulting in a significant positive impact on TeamViewer’s profitability.” “Once a new shirt front partner is selected and takes on this role, TeamViewer AG will remain part of Manchester United’s partner ecosystem until the end of the original contract term, with an adapted scope of partnership. “This will allow Manchester United to commence a focused sales process for a new long-term shirt front partner with the expectation for TeamViewer to transition out of this role as soon as practicably possible. The statement read: “After a period of collaborative, private discussions over the past months, Manchester United and TeamViewer AG have reached a mutually-beneficial agreement under which Manchester United shall have the option to buy back the rights to the club’s shirt front sponsorship. And on Thursday a statement was released which said the two parties had “reached a mutually beneficial agreement” regarding their future collaboration. ![]()
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