Liverpool Football Club has agreed a five-year deal for Turkish Airlines to become their main club partner from June 1, 2027, marking the first change in the Anfield side's leading shirt sponsor since 2010 and ending a 17-year run with Standard Chartered.

The deal, announced on Tuesday, is reported to be worth in excess of £300 million ($405.78 million), placing it among the most lucrative in the Premier League.

While precise figures have not been confirmed, it is likely to match the income from Manchester United's shirt sponsorship deal with Qualcomm, signed in August 2024.

Standard Chartered will remain affiliated with Liverpool as a Global Partner, said a club statement, but Turkish Airlines will take the primary position in Liverpool's branding.

"The front of the Liverpool shirt holds a special place in the history of our club," said Liverpool's chief commercial officer Ben Latty. "Turkish Airlines is a globally recognised organisation with an extensive international network, and we look forward to beginning our partnership and building a strong relationship together, with already strong foundations built from those special memories back in 2005," he added, referring to Liverpool's Champions League final comeback win in Istanbul.

The deal adds to a growing sponsorship portfolio within football for Turkish Airlines, who are an official partner of the Champions League and main sponsor of Turkey's national team.

In February, Liverpool announced record revenues of more than £700 million ($950 million) for the most recent financial year and were the highest-placed Premier League club in the Deloitte Football Money League.

Liverpool were the first major English professional football club to have a shirt sponsor when Japanese electronics company Hitachi had its name displayed across the club's strip back in 1979.

Source: www.aljazeera.com