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Sport

Arsenal Sign £300m New Kit Deal with Adidas

Farouk Mohammed
By Farouk Mohammed
Published: October 8, 2018
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Arsenal have signed a lucrative new kit deal with Adidas starting from July 2019, the Premier League club said on Monday.

Adidas will take over from Puma, whose five-year contract with the north London club expires at the end of the season.

British media reported the new deal is worth 300 million pounds over five years until 2024.

A 60 million-pound per season deal would put Arsenal third in the most lucrative kit deals in football.

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Behind Barcelona’s contract with American company Nike and Manchester United’s with Adidas which are worth 140 million and 75 million pounds-a-year respectively.

It signals the end of Arsenal’s five-year association with Puma which came after two decades with Nike.

Arsenal last wore Adidas’s three stripes between 1986 and 1994 during which they lifted two top-flight league titles.

British media reported that Puma is set to become the kit supplier for Premier League champions Manchester City in a deal worth 50 million pounds a year from the 2019-2020 season.

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ByFarouk Mohammed
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Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
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