Chelsea announces Nike sponsorship
October 15, 2016, 2:40:26 CEST | Wikinews

()
Yesterday, English capital football club Chelsea FC announced a long-term deal with US sports company Nike.

Currently, German company Adidas made the kits for The Blues, a deal worth £30 million annually. Chelsea's contract with Adidas runs till 2023. Chelsea is obliged to pay about £40 million to the German firm. Chelsea's termination of Adidas's contract was announced in May.

Per the contract with the US company, Chelsea would receive a reported sum of £60 million each year. Announcing a long term contract, Nike Brand president Trevor Edwards said, "The partnership with Chelsea reinforces our leadership position in football. We are excited to help grow the club's global reach, serving players and supporters with Nike innovation and design."

Chelsea director Marina Granovskaia, for the team's part, said, "This is an incredibly exciting and important deal for the club."

Chelsea won the Premier League in 2014–15 under Portuguese manager José Mourinho but they finished tenth last season.

Adidas and Spanish club Real Madrid signed a ten year contract earlier this year and the German sports brand sponsors other football giants like FC Bayern München, Juventus F.C., A.C. Milan, and Manchester United F.C.

Source: Wikinews
Share this article:
share article on facebook share article on twitter share article on google+ share article on tumblr share article on blogger share article on reddit

Send us your articles and web-novels!
comments powered by Disqus
Most popular


Recently Viewed:


Chelsea announces Nike sponsorship

Yesterday, English capital football club Chelsea FC announced a long-term deal with US sport...


Two men shot during robbery in Houston, Texas

Two men were shot during a robbery at a car stereo and alarm business in the city of Houston...


Printing the 1961 series II Aston Martin DB4

Mr Ivan Sentch from New Zealand has such a passion for classic cars that in the early months...


Self-Balancing One-Wheeled Skateboard Seen In CES 2014

OneWheel, introduced by Canadian inventor Kyle Doerksen, is perhaps the quirkiest concept de...


Brendan Rodgers pens four-year contract extension wi...

Yesterday, Northern Irish football manager Brendan Rodgers signed a four-year contract exten...

Automotive
Reviews | Technology | Projects & Tuning | Events | Racing
Business & Technology
Business & Economy | Mobile | Internet & Media | Security & Privacy | Gadgets & Tech | Software
Lifestyle
Health, Food & Fitness | Fashion | Gardening | DIY | Homes
Society
Accidents | Crime | Culture | Finance | Politics
Science & Environment
Wildlife | Green | Space
Gaming
Reviews
Society
Accidents | Crime | Culture | Finance | Politics
Travel
MM-iNEWS
Copyright & Privacy | Site Roadmap | Sitemap | Contact
Web Development @ OverHertz Ltd
Ω