Football News

Consell de Mallorca extends on naming rights of RCD Mallorca’s stadium

Following the termination of a prior sponsorship arrangement, LaLiga club RCD Mallorca have signed a new stadium naming rights contract with the Council of Mallorca. As a result of this partnership, the club’s home ground will be known as the Visit Mallorca Stadium. 

The Council has committed to providing the club with a maximum of €1.815 million (US$1.91 million) under the terms of the current agreement, which will only briefly cover the rest of the 2022–23 season. 

Along with contributions of €500,000 from the government of the Balearic Islands and €250,000 from the Palma City Council, the Council of Mallorca will add a value of €750,000 + VAT.

The agreement between the two parties stipulates that the stadium’s name be preserved for the 2022–23 campaign along with a number of rights for the team’s promotion and advertising in both the Spanish and foreign markets.

Also read: RCD Mallorca Sponsors 2022-23

Alfonso Díaz, Business Chief Executive, RCD Mallorca, said:

“This agreement will help this 106-year-old club to have even more roots in its island, its people, its values, and our great fans. The reality is that the Real Club Deportivo Mallorca is the largest entity in terms of impact, scope and repercussion at a sporting level. And I think it is a great tool to be able to transmit all those values.

President of the Council of Mallorca, Catalina Cladera, commented:

“The institutional messages that we want will be made taking advantage of the platform that RCD Mallorca represents within LaLiga and in all the areas in which it is present. It is a pioneering agreement that represents a qualitative leap for Mallorca.

Bhavya Das

My eagerness, interest and inclination towards sports has continuously been forging and fortifying my personality as a writer. My sincerity to it is strengthened by the strong foundations of my musical attribute.

Recent Posts

Premier League 2024/25: Gameweek 17 Recap

Gameweek 17 of the 2024/25 Premier League season continued to enthrall football fanatics with entertaining…

5 hours ago

F1 renews Crypto.com deal

Partnership extended to 2030 Formula One has announced a new partnership extension with Crypto.com, with…

5 hours ago

Sydney Thunders and Swyftx team up

Swyftx joins as Major Partner Big Bash League (BBL) team Sydney Thunder has announced a…

2 days ago

Spurs join forces with Netflix for Squid Game Season 2

New partnership for the launch of upcoming season English football club Tottenham Hotspur has announced…

2 days ago

VCARB signs Isack Hadjar to complete driver lineup

F1 grid complete Visa Cash App Racing Bulls (VCARB) has announced that Red Bull Academy…

2 days ago

Premier League 2024/25: Looking at the surprise packages

The Premier League is one of the most popular football leagues globally, known for its…

3 days ago