Real Madrid has announced a new sponsorship deal worth €10 million, which will be used to fund the club's youth development programs.

The agreement was signed with a leading technology company and is expected to bring in significant revenue for Real Madrid. The funds raised from the deal will be used to support the club's youth academy, which aims to develop young talent and help them reach the top level of football.

The partnership between Real Madrid and the technology company will also see the two clubs work together on various projects aimed at improving the quality of football in Spain and beyond.

This is another example of how Real Madrid is committed to investing in the future of the sport and helping to create the next generation of world-class players. With this new sponsorship deal, the club hopes to continue its success on the pitch and make a positive impact off it as well.