COVID-19: Germany approve €2.4bn loan for sports kits giant Adidas

by ,

first_img Promoted ContentTop 10 Most Populated Cities In The World2020 Tattoo Trends: Here’s What You’ll See This YearBest & Worst Celebrity Endorsed Games Ever Made8 Most Beautiful Chinese WomenIs This The Most Delicious Food In The World?10 Risky Jobs Some Women DoThe Models Of Paintings Whom The Artists Were Madly In Love With7 Universities In The World With The Highest Market Value8 Superfoods For Growing Hair Back And Stimulating Its Growth7 Truly Incredible Facts About Black Holes5 Of The World’s Most Unique Theme Parks7 Ways To Understand Your Girlfriend Better Loading… Read Also:Ex-Barca president tips Messi to pen new deal as Neymar returns According to El Pais, “Adidas will receive 600 million euros from other financial organisations in order to resist the crisis.” FacebookTwitterWhatsAppEmail分享 The German government have come to the rescue of Adidas, negotiating a loan of 2.4 billion euros which will be financed by public bank KfW Germany. Adidas manufacture shirts for big clubs such as Real Madrid and Manchester United, and they have stated that due to the coronavirus pandemic and the stoppage of business, they are unable to pay the rent for their stores in the month of April.last_img

Leave a Reply

Your email address will not be published. Required fields are marked *