United to be handed £600m boost by signing new 10 year kit deal with Nike
Manchester United are set to be handed
a major financial boost with the announcement of a new world-record kit
deal with Nike worth £600million.
David
Moyes’ side look like missing out on a place in the Champions League
next season as they are currently nine points off fourth place.
But
news that they are set to sign a new mega deal with Nike worth
£60m-a-year over the course of a decade-long agreement will come as a
boost.
The deal is almost twice as good as the
current record of £31m that Real Madrid receive from Adidas and is
significantly more than the £23.5m deal United currently have with the
American sportswear giants.
Nike have been making United’s kits for
the past 13 years and with the deal set to expire next year they were
keen to hang onto them. There had been plenty of intent from other
manufacturers, including adidas, Puma and Warrior.
The £60m-a-year deal will add to the £35m-a-year short sponsorship deal with Chevrolet, which is set to kick in next season.
The
two sponsorship deals will help United overcome the financial problems
of missing out on the Champions League next season and help them try and
get back in there.
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