CODE approves Flamengo's new contract with adidas
The company will continue to supply Mais Querido with sports equipment until April 2025.
By adidas and Flamengo - inFlamengo's Deliberative Council approved by a large majority, in a vote count this Tuesday (18), with 1.201 in favor, seven against and one abstention, the club's new contract with adidas, which will remain as the Mais Querido's sports equipment supplier until April 2025.
"We are delighted to see the Deliberative Council approve our proposal to renew our partnership with adidas until the end of April 2025. With this new contract, adidas once again demonstrates the importance it places on its partnership with Flamengo. The business model we have established will provide us with not only an immediate increase in revenue but also new opportunities that could add even more revenue to Flamengo in the short term," celebrated Gustavo Oliveira, Flamengo's Vice President of Communications and Marketing.
"We are delighted to expand our ties with Flamengo, demonstrating the strength of this partnership, which has been present at historic moments for the club. We will continue working together to offer the best product portfolio, in addition to developing special projects each season to tell stories that reflect the fans' pride in being Flamengo," said Ricardo Sdei, Sports Marketing Director at adidas Brazil.
The new contract comes into effect immediately and represents another step in further strengthening Flamengo.