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Adidas locks in long-term Benfica partnership with kit deal and training-center naming rights through 2033

Published Sep 14, 2026
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Summary:
  • Adidas and Benfica announced a new six-year pact running to 2033 that includes putting the Adidas name on the club's training center
  • The companies didn't reveal financial terms; Eco reported the deal at €120 million ($139 million), which would be the largest sponsorship in Portuguese football
  • The agreement extends Adidas's uninterrupted kit supply to Benfica since 1997-98 and follows the launch of the club's 2026-27 shirts

Deal Snapshot

Adidas and Benfica unveiled a fresh six-year agreement in a joint statement Monday that runs through 2033 and covers the Lisbon club's official kits. The sides didn't share the value, but business newspaper Eco reported it at €120 million ($139 million). At that level, it would rank as the biggest sponsorship in Portuguese football.

Timing and context

Adidas has been on Benfica's shirts without interruption since the 1997-98 season, and this new chapter continues that run. The announcement follows the release of Benfica's 2026-27 jerseys, which note the 20th anniversary of the club's training campus.

Ownership and investor interest

Founded in 1904, Benfica is part of Portugal's Big Three alongside FC Porto and Sporting CP. The team's home is the biggest stadium in the nation, and its academy has a reputation for producing top talent. Investor interest has been building: Lenore Sports Partners, a US group, bought a 5.24% stake last year.

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What This Means For You

For fans and investors eyeing the business of sport, this is a long-duration commitment that ties kit supply and facility branding to one of Portugal's marquee clubs. If the reported €120 million price tag is accurate, it signals rising commercial value in Portuguese football and a deeper bet by Adidas on a club with global reach and a prolific youth system. That kind of multi-year visibility can matter for how brands and teams plan spending, expand merchandising, and court new audiences.

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