Real Madrid sponsor Chersonese has been awarded a $1.2 million deal with Real Madrid and is the first major football team to officially sponsor a child.
The agreement includes a 10-year deal worth up to $2.3 million per match, with the Spanish capital hosting its first match at the Santiago Bernabeu on March 12.
The sponsorship is the latest in a series of global deals that have been signed for the Spanish club, which won the 2014 Champions League.
Real Madrid is also one of the world’s most successful brands, with a billion-dollar brand portfolio.
A new agreement with the New York Red Bulls will bring Real Madrid to New York City.
Real Madrid is known for its sponsorship deals with some of the top soccer players, including Lionel Messi and Cristiano Ronaldo.