New agreement will see Bwin sponsoring top Spanish football club through to 2013.

Austrian online gambling group Bwin has secured a three-year extension to its sponsorship agreement with the top Spanish football club Real Madrid.

The new agreement represents an extension of the current sponsorship deal, which was scheduled to expire next year with the end of the European season, and will take the relationship through to 2013.

No financial details of the latest agreement were released, but it is likely to at least equal the reported Euro 45 million attached to the previous three year arrangement.