Las Palmas will receive 500,000 euros for wearing the Gran Canaria brand at home

UD Las Palmas will receive 500,000 euros this season for wearing Gran Canaria advertising on their shirts at home matches, after new sponsorship contract signed with Island Council.

Miguel Angel Ramirezpresident of the soccer entity, and Francisco Castellanopresident of the Insular Sports Institute of the Cabildo, signed the new agreement between the two entities on Monday.

During this time, the club signed an agreement with the Cabildo, until 2027, in which it will carry the Gran Canaria brand in away games, but in a few years the yellow entity decided to also use it as a venue for “pay” in some way for the improvements made by the Cabildo to the sports complex.

In the new agreement, both entities decided to “add value” to the Gran Canaria brand for home games, which there will be visibility not only in shirtsbut in other media, such as the video scoreboard, in exchange for the aforementioned economic considerations.

Ramírez said in a press conference that this half million euros is “a grain of sand” to tackle the “mountain” associated with disbursement to carry out the “signing” and make the yellow team “competitive”, with the aim of being promoted to the First Division.

The president of the Sports Union remembered that in the Gran Canaria team is the “second most expensive” footballerand did not hide that they have a “salary problem” that will be solved “before next Saturday”, when the 2022-2023 season starts in LaLiga SmartBank.

“We have an excess of 4.5 million euros, but it will be solved and we can fight, because We have not uploaded the sponsorship contracts we have”Ramirez explained.

For his part, Francisco Castellano emphasized the “wonderful relationship” with UD Las Palmas and wants to join “the effort that the fans, subscribers and sponsors are making, in the decisive commitment that the club is making to this next season we can go up”.