Manchester United's Aeroflot deal: How much it is worth, agreement now terminated
Manchester United’s deal with Russian airline Aeroflot has come under close scrutiny since Russia launched an invasion of Ukraine.
United had come under pressure to cut ties with Aeroflot, and have now released a statement confirming the deal has been axed. Here is a look at what we know so far…
What are Aeroflot’s links to United?
Aeroflot is named on the club website as the ‘official carrier of Manchester United’, and listed as a ‘global partner’.
The website states: “As the Official Carrier of Manchester United, Aeroflot will provide strategic advice to the club on travel arrangements for the team and officials. It will also provide charter services whenever suitable on its newest long-haul Airbus and Boeing airplanes featuring a state-of-the-art business class experience.”
The site adds: “The partnership is based on shared values including teamwork, a focus on quality, pride in our heritage and an innovative and forward-looking attitude.”
Aeroflot signed a deal with United in 2013, which was then renewed in 2015 and runs until 2023.
Current chief executive Richard Arnold was pictured at the announcement of the original deal in 2013 alongside airline CEO Vitaly Saveliev, as was then manager David Moyes.
How much United receive from Aeroflot
BBC Sport report United receive £29.9 million from Aeroflot, in addition to the services provided by the airline.
As part of sanctions against Russia due to the war in Ukraine, Aeroflot has now been banned from operating in the UK.
United did not use Aeroflot to travel to and from Madrid for the Champions League game this week.
Deal now terminated
United have moved to terminate the deal with Aeroflot. BBC Sport reported earlier on Friday morning: “It is understood the club’s legal advisers are looking at the contract, with the expectation that the agreement will be terminated.”
With the deal up for renewal in 2023, the existing value of the remaining deal was around £5 million.
With a contract is terminated, United can look to recover this figure by signing a new deal with a new airline partner.
United released a club statement, quoted by The Independent: “In light of events in Ukraine, we have withdrawn Aeroflot’s sponsorship rights. We share the concerns of our fans around the world and extend our sympathies to those affected.”