Under Armour changes his mind and refused to become Real Madrid sponsor.
American sportswear company, decided to withdraw from talks with Real Madrid for the sponsorship agreement and this because of Real Madrid request, which according to Marca, they have requested 150 million euro per year.
Amount of money which seems to have been considered unacceptable by the leaders of Under Armour.
Withdrawal of this company means that Real Madrid will continue its cooperation with Adidas, despite great differences that exist between Real Madird and German sportswear brand.
According to the president of Real Madrid, Florentino Perez, the amunt of 40 million that Los Blancos benefit from contracts with Adidas is very low compared to what the German company gives Manchester United that goes up to 95 million euro per year.