Inter Milan, Pirelli announce new 5-year deal

Inter Milan isn't tired of Pirelli despite more than 20 years of working alongside the multinational company.

On Sunday, Inter announced that the club reached an agreement with Pirelli to extend their 20-year partnership, putting pen to paper on a five-year deal that's comprised of a fixed amount and a variable figure based on the results of the first team.

(Courtesy: Internazionale)

Pirelli, an Italian tire manufacturer, has featured on Inter's shirt since 1995, marking one of the longest partnerships involving a top European club.

"Together Inter and Pirelli have son silverware at home and abroad," Erick Thohir, Inter's president, said. "We are proud to announce the continuation of a partnership that is both rooted in our glorious past and looking forward. Together, we want more global and successful future for Nerazzurri fans all over the world.

"Continuity and tradition are the hallmarks of this renewed partnership which - a few days on from our 108th birthday - places our passion and determination to excel on and off the pitch at the heart of our shared project."

The new agreement will, according to Inter, help the club's brand and Pirelli's brand "in a significant market like China."