Renewed agreement between Ligue 1 side Rennes and the club has increased the transfer budget by 70 million euros. The new deal, which runs until 2024, includes a significant increase in the club's ability to spend on transfers.

The new agreement will see Rennes receive up to 650 million euros over the next six years, with a further 50 million euros being made available for player wages and other expenses. This means that the club can now afford to sign high-profile players and invest heavily in their squad.

The increase in the transfer budget is particularly welcome news for Rennes, who have struggled to compete financially with some of the bigger clubs in France. With this additional funding, the club should be able to attract top talent and build a competitive team.

In addition to the financial benefits, the renewed agreement also provides Rennes with greater flexibility when it comes to signing players. The club will no longer need to rely on loans or loan-to-buy deals, as they will have access to more funds to pay for players outright.

Overall, the renewal of the agreement with Rennes and the club's increased transfer budget represents a major step forward for the club. With this additional funding, Rennes should be able to challenge for the title and make a serious push towards European football.