Juve and Jeep, three-year contract: 135 million in cash

TORINO – “The Juventus announces that it has reached an agreement with FCA Italy SpA for the renewal of the sponsorship of the match jersey for the 2021/22, 2022/23 and 2023/24 sports seasons. This agreement was born from the mutual satisfaction of a successful association that accompanies Juventus and the brand. all terrain of the 2012/2013 sports season. The agreement provides for a basic rate for each sporting season of 45 million euros and variable components depending on the sporting results ”. This is the press release with which Juventus announces Jeep as a technical sponsor until 2024, with a base contract of 135 million for the next 3 years.

The press release continues: “Juventus and FCA are related parties as they are subject to the control of EXOR NV The transaction in question, despite being considered an ordinary transaction under conditions equivalent to standard / market conditions, was submitted, in accordance with the transaction procedure with related parties adopted by Juventus, with the approval of the Juventus Board of Directors, subject to the reasoned favorable opinion of the Committee for transactions with related parties. in accordance with the terms and methods provided by applicable laws and regulations. “.