Chelsea Stash £50M Up Their Sleeve Thanks To Hyundai

May 14, 2018

FA Cup finalists Chelsea have signed a £50M ($67.9M) deal with Hyundai as their shirt sleeve sponsor.

The five-year partnership with the South Korean car manufacturer becomes the most lucrative agreement of its kind in the English Premier League, doubling the value of Manchester City’s agreement with Nexen Tire.

Hyundai replaces Alliance Tyres, a subsidiary of the London club’s shirt sponsors, Yokohama Tyres.

Chelsea, who finished 5th in the league this season, play Manchester United in the FA Cup Final at Wembley this Saturday.