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Palmeiras Signs New Sponsorship Deal with Electric Wire Manufacturer
In a significant development for the Palmeiras football club, a new sponsor has been announced to feature on the sleeve of their jerseys. This brand, a manufacturer of electric wires, marks the second sponsorship agreement since the departure of previous sponsors Crefisa and FAM, who had supported the team for the last decade.
Transition to New Sponsorship
With Crefisa and FAM stepping back, the club now has Sporting Bet as the primary sponsor—referred to as the Master sponsor—of their jerseys. The financial agreement, while not publicly disclosed in full, indicates that Palmeiras is experiencing an influx of funds, crucial for sustaining their competitive edge.