By Cristina Roca
Adidas AG (ADS.XE) and Real Madrid are extending their partnership until June 2028, they said Wednesday.
The Herzogenaurach, Germany-based sporting-goods company said the agreement marks the third decade of its partnership with the Spanish football club.
"Without any doubt, Real Madrid is one of the best sport franchises world-wide," said Adidas Chief Executive Officer Kasper Rorsted.
The terms of the agreement weren't disclosed.
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