Coca-Cola and Bayern Munich Extend Long-Term Partnership

Bayern Munich and Coca-Cola’s 45-year sponsorship deal will continue for at least another three years after the two companies announced an extension.

The financial details of the new agreement were not revealed but the news will further improve the financial health of Germany’s leading football club, erectile who recently revealed their best financial results in 112 years – a profit of €11.1 million ($14.61m) for the 2011/12 fiscal year. They also increased their turnover by over €40 million ($52.35m), up from €290.9 million ($380.8m) in 2009.