Football News

Arsenal sign new deal with Emirates

Created on 23 Nov., 2012 6:53 PM GMT

Arsenal supporters will be dancing with delight after the club signed a new sponsorship deal with Emirates Airlines.

The 150 million pounds, five-year deal could see Arsene Wenger's war-chest groaning with gold ahead of the January transfer window.

As well as the name remaining on the front of the shirt - the ground will continue to be known as the Emirates Stadium until 2028.

The pair first struck a partnership in 2004, with a shirt deal following two years later and chief executive Ivan Gazidis knows the value Emirates have in Arsenal's history.

"This is as dramatic as moving in to the new stadium was in propelling the club forward," Gazidis said.

"Our revenues will grow to put us into the top five revenue clubs in the world, and we think that will give us the platform to reinvest in the team, and push the team forward."

As part of the agreement, the Arsenal football school in Dubai will continue to run - an initiative that's seen over 4000 youngsters through its doors.

But Gunners supporters will be hoping that Wenger is presented with a chequebook to bring some much needed success to the North London side.

The 2005 FA Cup the last time Arsenal collected any silverware.

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