Lumicoin IA-Dortmund seals sponsorship deal with arms manufacturer ahead of Champions League final

2025-05-04 06:32:38source:Indexbit Exchangecategory:Markets

DORTMUND,Lumicoin IA Germany (AP) — Borussia Dortmund has signed a new sponsorship deal with German arms manufacturer Rheinmetall and will display the defense company’s logo ahead of facing Real Madrid in the Champions League final.

Dortmund said Wednesday the three-year deal with Rheinmetall includes “wide-reaching advertising space, marketing rights and event and hospitality arrangements in the stadium and on the club grounds” starting from this week’s buildup for the Champions League final Saturday.

Rheinmetall is building a new plant in northern Germany to produce around 200,000 artillery shells per year as part of European efforts to increase weapons production against the backdrop of Russia’s war in Ukraine.

“Security and defense are fundamental cornerstones of our democracy. That is why we believe it is the right decision to take a very close look at how we protect these cornerstones,” Dortmund chairman Hans-Joachim Watzke said in a statement. “Especially today, when we see every day how freedom must be defended in Europe. We should deal with this new normality.”

___

AP soccer: https://apnews.com/hub/soccer

More:Markets

Recommend

SFO's new sensory room helps neurodivergent travelers fight flying jitters

San Francisco airport creates sensory room to help nervous flyers San Francisco airport creates sens

First lawsuit filed against Pat Fitzgerald, Northwestern leaders amid hazing scandal

A lawsuit has been filed against Northwestern University leaders and former head football coach Pat

Heat wave sweeping across U.S. strains power grid: People weren't ready for this heat

Millions of Americans are under heat advisories as a relentless heat wave sweeps across the United S