Good news for the teams underneath the top four as the English Premier League and Barclay’s have announced an extension to their partnership for another three years, taking the total amount for the deal to a staggering 82.25 Million Pound .

Via Gaurdian

The Premier League and Barclays today agreed a new three-year title sponsorship deal worth £82.25m to top-flight clubs. The new deal was finalised after league chiefs initially rejected a lower offer from the bank.

Barclays have sponsored the Premier League since 2004 and their current three-year contract, which expires next year, was worth £65.8m. The increase in the value of the deal reflects the continuing strength of the Premier League in a sponsorship market that has been badly affected by the economic downturn in other areas of sport.

The deal will run from the 2010-11 season to the end of the 2012-13 season.