Wednesday, 18 May 2016

Chelsea Close In Nike Deal

Chelsea are set to sign a kit sponsorship contract with Nike worth £60million-per-year in what will be the second biggest deal in the Premier League.


 

The Blues announced earlier this month that they are parting company with adidas at the end of next season, after the pair decided to terminate their current deal six years early.


 

Adidas’ shirt deal was worth £30million annually – a figure that will be doubled by their American sportswear rivals, despite the fact Chelsea won’t be competing in Europe next season.


As revealed by the UK media , Chelsea and adidas’ split is said to be by mutual consent but talks were instigated by the former for some time.


 


Chelsea
Chelsea’s deal with Adidas ends after 2016/17 season

The west London outfit had grown increasingly annoyed by the way German company have been concentrating on Manchester United, Real Madrid, Bayern Munich and Juventus, and on signing new players.


 

And the financial gain of Nike’s deal will increase Chelsea’s leeway in regards to Financial Fair Play too.

Chelsea’s new deal with Nike will be significantly more per year than the latter’s with Manchester City (£12m) and Arsenal’s agreement with Puma (£30m).


 

However, it is still below Manchester United’s staggering 10-year £75m-per-season contract with adidas, which came into effect this term.



Chelsea Close In Nike Deal

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