A sports record kit deal with sports wear giants, Nike has been sealed by Chelsea. According to reports, the deal cost the football club £60 million ($73 million, 66 million euros) per season.
The Premier League Club have been in negotiations with the sports gear giant since early this year after rumors surfaced that Chelsea would be dropping another Sports gear giant, Adidas. The contract with Adidas will come to an end in 2017.
Adidas reportedly collected £30 million annually for the period of their agreement and contract but Nike’s is much higher because the company will be making the full kit for Chelsea’s first-team, academy sides and ladies’ squad for the next 15 years.
Chelsea will earn an estimated £900 million from shirt sales and other sports gear by the time the deal, which starts from next season, expires in 2032.
Recall that Nike is also in partnership with Barcelona where they receive a reported sum of £120 million-a-year from their agreement with Nike.
“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,” Granovskaia told Chelsea’s official website.
Welcome to 234sport.com, your go-to hub for the latest and greatest in sports news and entertainment! At 234sport, we deliver electrifying stories, comprehensive analyses, and real-time coverage of all your favorite sports. In addition to DIY, education, and current event stories. From football to basketball, along with the latest current events, we’ve got it all. Our passionate team of sports and educational aficionados work tirelessly to provide you with fresh content so you never miss a moment. Immerse yourself in our news articles with expert insights and analysis today. Stay informed, entertained, and ahead of the game with 234sport.com—where sports news & entertainment is our game!
See your link/ad on 234sport.com today!
