Update: After rumours surfaced that PSG would terminate the deal with Fly Emirates ahead of the schedule, Dubai's Emirates airline said on Thursday that it would sponsor the shirts of Qatar-owned Paris Saint-Germain until 2019, despite a regional crisis which has seen the UAE cut ties with Doha.
"Emirates has a sponsorship contract with the French football club PSG until 2019. So far the club has fulfilled its full obligations and we see no reason to terminate the contract," a spokesman for the airline told AFP. PSG confirmed the news to AFP, saying the partnership would "continue as planned".
Does PSG Want Fly Emirates To Increase Their Current Deal?
Following on the reports of news agency AFP, Paris U, who brought out the news that PSG would want to terminate the contract with Fly Emirates prematurely, said on Twitter that PSG would want as much as Chelsea from Yokohama (55 million Euro / season) or they would end the deal in 2018.
Emirates' Fly Emirates branding has been the front of PSG's shirts since the 2006-07 season, but now there are concrete rumors that the French giants want to terminate the contract with the UAE company ahead of schedule. Qatar Airways is the favorite to replace Fly Emirates.
In May 2013, Paris Saint-Germain have signed a five-year deal with Fly Emirates to extend their partnership until the end of the 2018-19 season. Reports suggest the deal with Fly Emirates is worth €25 million annually.
Qatar Airways To Become New Paris Saint-Germain Kit Sponsor
Qatar Airways is set to replace Fly Emirates as PSG's shirt sponsor ahead of the schedule.
Paris U, who already confirmed the Neymar transfers days ahead of the official announcement, this afternoon spread the news that Paris Saint-Germain wants to terminate their deal with Fly Emirates, with Qatar Airways possibly becoming the club's new main sponsor.
[Info Paris U] The contract with Fly Emirates should be canceled at the end of the season. Qatar Airways could become the new jersey sponsor.
This news follows recent actions between Qatar and UAE. On 5 June 2017, UAE cut diplomatic ties with Qatar, giving the country's diplomats 48 hours to leave the country.
Share your thoughts in the comments below.