Spanish football club 'Atletico Madrid' and Azerbaijani football club 'Baku' have decided to extend their sponsorship agreement, according to website of Spanish newspaper Marca.
The agreement, which ended this season, has been extended till June 30, 2015. It was signed by both parties at a meeting in London.
This means that the Azerbaijan logo (which to date bears the slogan 'Land of
Fire') will still figure on the red and white shirt regardless of whether the club negotiates a new sponsorship deal or whether, on certain occasions, the agreement between the two parties gives rise to specific logos.
The initial agreement allowed Atletico to play with the 'Azerbaijan Land of Fire' logo until late 2014.
Atletico will perform with this logo not only in Spanish league matches, but also in the European cup games, according to the agreement.