Inter Milan has secured a new annual sponsorship deal worth $12 million, with the club announcing that the deal will help fund its new kit.
The agreement is expected to boost Inter's finances and enable them to invest in their squad and training facilities, according to the club's chairman, Massimo Moratti.
"We are delighted to have secured this significant new sponsorship deal," said Moratti. "It will provide us with the financial resources we need to continue our ambitious plans for the future."
The new deal also includes provisions for Inter to use the sponsor's logo on the front of their shirts, which will be a major boost for the team's marketing efforts.
"Inter is one of the most famous football clubs in the world, and we are proud to be associated with such a prestigious institution," said the sponsor's representative. "We look forward to working closely with Inter to create something truly special together."
The new kit is set to be unveiled at the end of the season, with Inter hoping to make a strong start to the campaign under new manager Antonio Conte.
"The new kit is just one part of our plan to rebuild Inter's fortunes," said Conte. "We are determined to compete at the highest level and win trophies, and this sponsorship deal will play a key role in achieving those goals."