Manchester United seals £80 million Aon sponsorship deal

LONDON - Manchester United has signed an £80 million shirt sponsorship deal with the US insurance giant Aon.

Man Utd... new shirt sponsor
Man Utd... new shirt sponsor

The deal, which will come into effect at the beginning of the 2010/11 season, will see Aon pay the football club a basic £20 million per year over four years, with the company also expected to pay commission for the sale of insurance policies to Manchester United fans.

Manchester United has been searching for a shirt sponsor since the beginning of this year, when the current sponsor AIG stated that it would be unable to renew its £20 million-per-year contract.

The Premier League champions had been rumoured to have been in talks with a number of high-profile suitors regarding the sponsorship, including Samsung and an unnamed betting company.