UK: Adidas to take over Man U kit

Comment on this story

Adidas will take over from Nike as the official kit supplier of English Premier League team Manchester United from the 2015/16 season. The world’s second-biggest sporting goods maker said yesterday it had signed a 10-year deal with the record 20-time English soccer champion club. The agreement was worth a minimum of £750 million (R14 billion), Manchester United said separately. Adidas said it expected sales from the partnership to exceed £1.5bn over the 10-year term. Nike’s contract with Manchester United will end after the coming 2014/15 season. The terms being offered to renew the partnership “did not represent good value for Nike’s shareholders”, Nike said. – Bloomberg


sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines