The Portuguese Football Federation (FPF), the governing body for soccer in Portugal, has extended its partnership with telecoms company Altice and its subsidiary Portugal Telecom until 2024.
The partnership, which began nearly 20 years ago, covers the men’s and women’s national teams, youth teams, futsal and beach soccer sides.
The financial terms of the agreement have not been made public.
"We're here to talk about ambition,” said Fernando Gomes, president of the FPF. “The Portuguese Football Federation and Portugal Telecom brand, together for 20 years, decided not to renew their sponsorship. What we decide and today announce to you is a new beginning.”
Alexandre Fonseca, chief executive of Altice Portugal, added: “This is our longest partnership, with almost 20 years, that has evolved into what is now a commitment to all aspects of Portuguese football. We will continue to be the driving force behind the digital transformation of football and actively contribute to its development as a player in an increasingly digital world.”
Portugal finished top of their 2018 Fifa World Cup qualifying group to progress to next year’s finals in Russia. The draw for the tournament takes place on Friday, when the reigning European champions will find out their opponents for the group stage of the competition.