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Chelsea head honcho leaves position due to disagreement over £65 million annual sponsorship deal, aiming to counteract PSR penalties

Chelsea's top revenue officer has left the club due to disagreements in finalizing a long-term sponsorship deal for jerseys. Presently, Chelsea is the lone Premier League team without a jersey sponsor, but there's speculation about potential negotiations with potential partners, aiming to bring...

Chelsea leader exits club due to disagreement over £65 million yearly sponsorship deal for jerseys,...
Chelsea leader exits club due to disagreement over £65 million yearly sponsorship deal for jerseys, aimed at avoiding PSR penalties

Chelsea head honcho leaves position due to disagreement over £65 million annual sponsorship deal, aiming to counteract PSR penalties

Chelsea Football Club, one of England's most storied teams, is gearing up for an exciting season, with a series of significant developments on and off the pitch.

The potential new main sponsor for Chelsea for the next season has not been explicitly named in the provided search results. However, the club has secured a short-term shirt sponsorship deal with Damac, a Dubai-based property firm, for the 2024-25 season. This deal comes as a temporary solution, as Chelsea previously reached a £40m (€46m/$54m) agreement with U.S tech firm Infinite Athlete for the 2023-24 season. The agreement, which begins without a shirt sponsor, is currently in the process of being finalised.

As Chelsea prepares for the upcoming season, they are also looking forward to their Champions League opener this evening. The team will face Bayern Munich, marking their first appearance in Europe's premier club competition since the 2022-23 season. The match promises to be a thrilling encounter, with both teams boasting a rich history and a passion for football that resonates with fans worldwide.

With the new sponsorship deal and the highly anticipated Champions League opener, Chelsea fans have much to look forward to in the coming months. The club's return to Europe's top tier competition, coupled with the short-term sponsorship, signals a promising start to the new season. As the team takes to the field against Bayern Munich, the eyes of the football world will be on them, eager to witness their performance in the Champions League.

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