WILL ADIDAS HONOUR ALL IT"S CONTRACTS?

Now it s no rocket science that the horrible Chinese virus, Covid 19 or Carona Virus has gone and hit the whole world very badly economically, people have died and whole towns have come to a stand still with all industries stopping work. So companies have really taken a vey big hit. So it has not spared Adidas as well. as sales have fallen big time. Now Adidas have been regularly sponsoring football clubs around the world, with huge contracts. For Example Adidas has a ten year contract with Manchester United in which Manchester United get a yearly sum f 75, seventy five million pounds. The whole deal is worth 750 seven hundred and fifty million pounds But what really generated all this fear that Adidas would be defaulting in their yearly payment commitment for their commercial deals. According to THE DAILY MAIL, the Brazilian club Flamengo did not receive their yearly payment from Adidas. But Manchester United are not at all worried as the club says the payment is only delayed and not cancelled at all. So we should be patient and wait for he pandemic to clear out completely and life return to normal. Adidas must have return letters to all their clients by now.