Real Madrid are due to sign a four-year shirt sponsorship deal with Arab airline Fly Emirates.
The Santiago Bernabeu side will put pen-to-paper on April 30, which sees the company have their logo on the front of the famous white shirt for the next four seasons.
The deal is expected to earn Los Blancos between €24 and €26m per year.
The club's current sponsor, Bwin, will continue its dealings with the team, but will not become a secondary sponsor.
