TeamViewer Share Price Has Fallen 71% Since The Deal Was Announced 18 Months Ago TeamViewer Stock Plunges After Announcing Manchester United Deal This has been confirmed in the company's second quarter statement. United’s agreement with Chevrolet had been due to expire in December, after a short extension was signed.German software provider Teamviewer are not going to extend their contract as Manchester United's main sponsor. What about Chevrolet?Ĭhevrolet has been printed on the front of Manchester United’s shirts since 2014, with the American car manufacturer paying the club £64 million per season. Since the company's foundation in 2005, its software has been installed by more than two-and-a-half billion people worldwide. Germany-based TeamViewer are a global software company that provide a connectivity platform for using digital devices remotely. TeamViewer chief executive Oliver Steil called the partnership “two global winning teams joining forces”. “The ability to connect and collaborate has never been more important to the world and our community of 1.1 billion fans and followers.” Manchester United's managing director Richard Arnold said: “We are tremendously proud to be establishing this partnership with one of the most exciting and dynamic global software companies.

United are also understood to be in discussion for a new training kit sponsor, as their eight-year deal with Aon nears it end. The sponsorship deal is the largest of any kind secured by a sports team during the ongoing COVID-19 pandemic.

The five-year agreement will begin at the start of the 2021-2022 season. The Athletic understands the agreement is similar to Barcelona’s reported 55 million euros (£47 million) per season deal with Rakuten, making the TeamViewer agreement the biggest shirt-only deal in the Premier League.

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