/Thread/ Continuing its long association with #ManchesterUnited, @apollotyres recently extended ‘Official Global Tyre Partner’ status with a parallel association with the company’s Vredestein tyre brand. The move is part of a wider growth strategy for the @Vredestein brand across
the Europe and North American markets. The Vredestein Tyres brand is visible on the pitchside advertising boards at #MUFC home games. Additionally, the company says, once circumstances permit, consumers and business partners will experience the partnership across social platforms
in-store imagery, consumer competitions to win MUFC signed merchandise and tickets to visit Old Trafford, as well as providing unique access to Manchester United Soccer Schools. The convergence of the Vredestein Tires brand with FC is not surprising, Apollo notes, since they have
many similarities. The club and brand have been leaders in the premium segment for over 100 years, and have a common European history behind them and are guided by similar values.
Apollo Tyres Ltd is an international tyre manufacturer with production units in India, Hungary and the Netherlands. The company markets its products under its two global brands – Apollo and Vredestein. Since 2013, Apollo Tyres has made a concerted push to use big-ticket football
sponsorship to aid in building a globally recognisable brand. Apollo is a leading brand in India and Vredestein is a premium brand in Europe. The company’s products are available in over 100 countries through a vast network of branded, exclusive and multi-product outlets.
The Indian tyre maker had inked a three-year regional partnership with Manchester United in 2013. Apollo Tyres in association with Manchester United and Youth Football International (YFI) also launched a scholarship programme to nurture young soccer talent in the country.
As part of 'The Apollo Go The Distance Scholarship Programme', six children would be selected out of the 192 participants. The selected children would be offered a one- year scholarship by Apollo Tyres for their training with YFI.
One of the selected participants would also get an opportunity to join one-week residential training camp with Manchester United Soccer Schools in the UK.
After completion of three years of regional association with Manchester United, which helped the company increase brand visibility across geographies (especially in India, Middle East, South East Asia and Africa) the two organisations singed a global sponsorship agreement in
2016 for the next 3 years. During the deal, the partnership saw two ‘Go the Distance’ football pitches made from recycled tyre rubber, one outside Old Trafford and another in Powai, Mumbai.
In 2019, Apollo Tyres created a special Twitter account
@ApolloXSports dedicated to sports partners that actively engages fans on social media

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More from @Lu_Class_

21 Nov 19
#ManchesterUnited’s long-standing relationship with Chevrolet, at £64 million, is the most lucrative shirt sponsorship deal in the Premier League. From the US automotive brand’s perspective, the agreement looks less attractive in view of #MUFC’s brand value declining since 2018
@utdxtra @utdarena @fcbusiness @utdreport @sistoney67 @MUFR_ @MUnitedFR @FlexUTD @UnitedPeoplesTV #ManUnited is the Premier League club most often perceived as having a rich heritage and history, coming behind only the top Spanish clubs and #Bayern Munich.
These factors are the driving force behind the rewarding partnerships that the brand attracts – at first look Chevrolet
@utdxtra @utdarena @fcbusiness @utdreport @sistoney67 @MUFR_ @MUnitedFR @FlexUTD @UnitedPeoplesTV seems an unusual sponsor, considering its target markets compared to the markets that Manchester United gives access to – but it is the associations with globally recognised heritage that makes the #sponsorship worthwhile. The role that shirt sponsorships can play for commercial
Read 36 tweets
20 Oct 19
One of PL's £1bn games (£1.082bn) in combined club revenues. #LFC doing rather better in profit terms over latest 5yr (14-18) of accounts than #MUFC (15-19). #Liverpool's financial improvement under FSG ownership and #ManUnited's declining cumulative economic profit trend #MUNLIV
@fcbusiness @utdarena @utdxtra @MUFR_ @ManDevilsUtd @MUnitedFR @FalseFMatt @DrRob_Wilson @Lasciencedufoot @vysyble #LFC's position may improve further following successful 18-19 UCL campaign. Third graphic shows comparative (and latest) revenue and economic profit profiles. #ManchesterUnited runs 2014-19, #Liverpool runs 2014-2018 #MANLIV #MUNLIV #MUFCLIV #SportBusiness
@fcbusiness @utdarena @utdxtra @MUFR_ @ManDevilsUtd @MUnitedFR @FalseFMatt @DrRob_Wilson @Lasciencedufoot @vysyble Last month, #ManUnited, which for many years has been among the world’s highest earning clubs, projected that revenues would be £560m-£580m this season, the first fall in income for more than a decade
Read 5 tweets
19 Jul 19
#PremierLeague clubs have generated a record £349.1m from shirt sponsorship deals ahead of the 19/20 season. #ManUnited will earn the most money - up to £64m-a-yr. Second placed #ManCity will settle for just £45m from Etihad. #Arsenal, #Chelsea & #Liverpool will get £40m per year
The #ManchesterUnited deal with Chevrolet (the brand of General Motors) was worth £47 million at the time of signing. After the current exchange rate is £64 million (avg $80 million) per season. Chevvy replace United’s previous deal with Aon, worth only £20 million a year
Income from shirt #sponsorship increased by 7.2% compared to the previous season. Brighton will earn just £1.5 million from American Express. Gambling companies continue to dominate #PremierLeague clubs’ main shirt sponsorship deals in 2019/20, as many as 10 out of 20 clubs
Read 6 tweets
28 May 19
#RealMadrid are the most valuable football club in Europe according to The European Elite 19 report, prepared by KPMG. The Whites have a value of €3,224 million, ahead of #ManchesterUnited (€3,207m), #Bayern (€2,696m), #FCBarcelona (€2,767m) and #ManCity (€2,460m) #SportsBiz
The Premier League has confirmed its absolute dominance, having nine clubs on the full list (32 clubs) and accounting for 43% of the total aggregate value. The overall EV of the 32 most prominent European football clubs has increased by 9% (an impressive 35% over the past 3 yrs)
Los Blancos jumped above €3bn EV level for the first time, the only club to do this alongside the Red Devils, however, the Spanish giants' current EV is still lower than the #MUFC's was last year. Similarly, the Bavarians' current value is lower than the Blaugrana's in 2018
Read 7 tweets

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