Bwin In Negotiations With Real Madrid

Bwin are in negotiations with Spanish football Real Madrid to renew their three year sponsorship deal which expires in 2010. Nobody is putting a value on the deal but the current one is said to be worth €45million over the three years. Real have a new President in Florentino Pérez and they have been spending huge amounts of money to strengthen the squad including of course Cristiano Ronaldo from Manchester United so the negotiations could be tough.