Real Madrid has announced a new partnership agreement worth $10 million, which will see the club's name and logo appear on various products and services across the world.

The deal was struck with a company called "Sporting Goods Group," which is based in the United States. Under the terms of the agreement, Real Madrid will receive a percentage of revenue generated from the sale of goods featuring their brand.

The partnership marks a significant step forward for Real Madrid, as it aims to increase the club's visibility and generate more income through its merchandise sales. The money raised by the agreement will be used to fund the development of new training facilities, improve the club's infrastructure, and support the growth of the youth academy.

"We're excited to announce this new partnership with Sporting Goods Group," said Real Madrid CEO Florentino Perez. "This agreement will help us further our mission of promoting football and supporting the development of young talent."

Sports Goods Group CEO John Doe said: "We're thrilled to partner with Real Madrid, one of the most successful clubs in the world. We believe that this agreement will help us reach new heights in the sports industry and make a positive impact on the communities we serve."

The new partnership agreement is just one example of how Real Madrid is looking to expand its global footprint and continue to grow its business. With a rich history and a loyal fan base, the club is well-positioned to take advantage of this new opportunity and continue to thrive in the years ahead.