Skip to content Skip to Search
Skip navigation

Bayern Munich and Qatar Airways end $50m sponsorship

Bayern Munich Qatar Airways Reuters/DDP Images/Star Images
Bayern Munich and Hoffenheim players compete for the ball: AP estimated that the Bayern Munich and Qatar Airways sponsorship was worth $10.5 million per year
  • Deal was estimated to be worth $10.5m a year
  • Bayern fans were against renewal
  • New Saudi carriers will shake up competition for such deals

German football club Bayern Munich will not renew its five-year sponsorship deal with Qatar Airways after it expires this month.

The decision was made by mutual consent, according to a joint statement issued on the club’s website on Wednesday.

“The connections that FC Bayern has been able to forge with its fans in the Arab world through Qatar Airways will remain. Both partners have actively promoted an exchange between cultures,” the statement said.

Akbar Al Baker, group CEO of Qatar Airways said it had been “a fruitful partnership” with Bayern, during which the team won the 2019-20 Uefa Champions League and Fifa Club World Cup in Qatar.

The sponsorship had been the subject of controversy at the German club, and fan groups actively campaigned for it not to be renewed after this month.

“We continue to stand by our position that we’re absolutely against an extension of the sponsorship agreement,” Alexander Salzweger from fan group Club No. 12 told The Associated Press in January.

AP estimated that the sponsorship was worth $10.5 million per year. The previous shirt sponsor was Doha Airport, Qatar Airways’ home base.

Meanwhile, rival Gulf carrier Emirates continues to expand its football sponsorship network. The Dubai airline will sponsor a Tunisian sports club, as it seeks to increase its revenues in Africa. 

The Dubai-based airline, which sponsors English Premier League side Arsenal and Spanish giant Real Madrid, last week announced a new deal with Tunisian sports club Etoile Sportive du Sahel, as part of a bid to widen its exposure to the African market.

John Grant, partner at Midas Aviation, told AGBI the launching of new major airlines in Saudi Arabia means sponsorship deals between Gulf carriers and football clubs were likely to become more competitive.

Latest articles

Saudi Arabia's minister of communications and IT Abdullah bin Amer Al-Swaha met with Groq CEO and founder Jonathan Ross in the US in July

Aramco partners with US startup Groq for AI data centre

Saudi Aramco’s digital arm is partnering with US semiconductor startup Groq to build the world’s largest artificial intelligence inferencing data centre.  Unlike regular data centres, which handle a range of computing tasks, an AI inferencing data centre is designed specifically to run AI models that make rapid predictions or decisions.  The facility will use Groq’s […]

A water taxi in Dubai's Business Bay, where off-plan real estate prices surged in 2023

Prices stabilise in Dubai’s off-plan market as supply grows

Prices for off-plan real estate in Dubai are stabilising following a spike in 2023 as developers bring more projects to the market. Property prices for off-plan purchases in areas such as Dubai Hills, Business Bay and Jumeirah Village Circle increased by as much as 30 percent in 2023 compared to the previous year. In August, […]

Agility Korek

Iraqi telecoms firm loses appeal against $1.5bn corruption award

A $1.5 billion decision against an Iraqi telecom operator and a prominent Iraqi businessman has been upheld by the International Court of Arbitration, part of the  International Chamber of Commerce (ICC). The arbitrators found that Korek Telecom and its chairman and top shareholder, Sirwan Saber Barzani, had “participated in a corrupt scheme” to defraud the […]

Saudi grocery retailer BinDawood to invest $390m in delivery hubs

BinDawood to invest $390m in delivery hubs

Saudi grocery retailer BinDawood Holding has announced plans to invest SAR1.5 billion ($390 million) in robotics and delivery hubs. CEO Ahmad BinDawood confirmed that the investment, with partners, would be made in the company’s automated “dark stores” and the infrastructure needed to run them. The stores, typically hubs for online shopping orders, will range from […]