Chelsea announce new 15-year £900m kit deal
Chelsea have signed a kit sponsorship contract with Nike understood to be worth £900m over 15 years, the biggest in the club's histor...
https://thesportsblog360.blogspot.com/2016/10/chelsea-announce-new-15-year-900m-kit.html
Chelsea have signed a kit sponsorship contract with Nike understood to be worth £900m over 15 years, the biggest in the club's history.
The Premier League outfit had announced they were parting company with adidas at the end of the season in May, after the pair decided to terminate their current deal six years early.
The 15-year deal, at £60m per season, is set to become the biggest in the history of the sport.
Adidas' shirt deal was worth £30million annually - a figure that has been doubled by their American sportswear rivals, despite the fact Chelsea are not competing in Europe this season.
The long-term agreement sees Nike take over from the beginning of the 2017-18 season, producing strips for the first-team, Academy and Ladies teams and a full range of clothing.
