Man United signs £750m kit deal with Adidas
Monday, 14 July 2014
Sportswear giant Adidas has signed a £750m deal to make Manchester United's kit for 10 years from next season. It comes after US rivals Nike decided to end their association at the end of the coming 2014-15 season. Nike have been paying United £23.5m a year, and the new deal is worth a world record-breaking £75m a season to the Old Trafford club. Champions League winner Real Madrid's £31m-a-year deal with Adidas was previously the biggest club deal. Adidas will provide training and playing kit to all of the club's teams. In addition, it will have the exclusive right to distribute dual-branded merchandising products worldwide. The huge sum involved is only £40m less than the Glazer family paid for club in 2005, according to BBC.