Manchester United are on track to reach a new sponsorship deal worth £ 70 million a year. An American software company is expected to replace Chevrolet as an advertisement for the Red Devils' teams.
The American car company pays 64 million pounds a year to Manchester United, but the sponsorship agreement between the two countries expires in December.
Sources say negotiations with a potential new partner are ongoing.
Manchester United could go so far as to sell shirts for the new season with two different sponsors.
The Chevrolet deal is the biggest in football and was due to expire at the end of this season, but Manchester United took the opportunity to extend it for another six months because the pandemic prevented the club from finding a new investor.
In the last three months, Manchester United's debt has grown by 64 million pounds and now amounts to 455 million pounds, but the club is confident that they will come out strong from the pandemic of COVID-19.