Newcastle announced yesterday that MRF (Madras Rubber Factory Limited), who are the largest manufacturer of tires in India have been appointed as the new Newcastle sleeve sponsor.
The Premier League has allowed clubs to have a sponsor on one sleeve of the team’s shirts for the first time ever this season.
The new shirt will be worn at Swansea today, and it means more revenues coming in for Newcastle, as we attempt to compete with other clubs in the Premier League on a financial basis.
Mikel Merino, Jamaal Lascelles, and Joselu with the new shirts
Lee Charnley, Managing Director at Newcastle, said this:
“I am delighted to welcome MRF as the club’s first shirt sleeve partner.”
“MRF is a hugely respected global brand and a market leader in a territory where a passion for football is continuing to grow.”
“The partnership is a great fit for Newcastle United and we look forward to building our relationship and assisting MRF in growth both domestically and internationally.”
Koshy K Varghese is the MRF Executive Vice-President of marketing and said this:
“We are thrilled to join Newcastle United at an important time in the club’s history.”
“To be the club’s first shirt sleeve partner in its 125th anniversary year is a huge honor.”
“And we’re proud to be part of a one-club city. We are extremely excited for the Premier League season ahead.”
Of course, the best way to earn a lot of money is to finish as high up the Premier League as possible.
If we are near the top, we will get about £150M from the league, and near the bottom, we’ll get around £100M.
But to earn a lot of money from the league, we have to make investments in players, which we certainly didn’t do much of this summer.
What do you think?