Arsenal have announced a £150million extension of their sponsorship deal with Emirates Airlines. As part of the new package, Emirates will continue with naming rights on the Gunners' 60,000-seater stadium at Ashburton Grove until 2028.
The deal is a £30million-a-year contract.
Arsenal chief executive Ivan Gazidis: "This agreement is a testimony to Arsenal's approach and to the capabilities we have developed in recent years as well as the strength of our partnership with Emirates.
"The original deal with Emirates was a key facilitator of our move from Highbury and this next phase of our relationship will be just as critical to keep us at the top of the game in England and Europe.
"The fact this partnership will continue for many years to come underlines how much both organisations value and benefit from the relationship."
Source: Newcastle United Mad