Chelsea news: Club announce club-record £60m-a-season kit deal with Nike after ending Adidas agreement
The deal will run for 15 seasons after the Blues paid £40m to terminate their contract with Adidas six years early
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Chelsea will have more money to spend in the transfer window from next season after they announced a new sponsorship deal with American sportswear company Nike.
The long-term deal will see Nike takeover from Adidas as the Blues’ kit supplier and is worth £60m-a-season, doubling the earnings from their current agreement and representing the largest commercial deal in the club’s history.
The deal will see Nike supply the Stamford Bridge club’s kits for the next 15 seasons, starting in 2017/18 and running until 2032.
Chelsea reportedly paid £40m to cut short their existing agreement with Adidas, which ran until 2023 having been renewed in 2013.
Chelsea director Marina Granovskaia said: “This is an incredibly exciting and important deal for the club. Like Chelsea, Nike is known around the world for its excellence and innovation and we look forward to working together in what is sure to be a successful partnership”
Trevor Edwards, President of the Nike Brand, said: “Chelsea is a world-class club with a rich tradition and passionate fans across the globe.”
The deal falls someway short of Manchester United’s £75m-a-year deal with Adidas however, while it is reported both Real Madrid and Barcelona are in talks for new deals which could earn them over £100m-a-season.
It does however see them outstrip the deals held by Arsenal and Liverpool who earn £30m and £28m per season from Puma and New Balance respectively.
As well as the strips and training gear for the first team, Nike will supply kit for the academy and ladies teams.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments