Manchester United have agreed a massive £75m per annum kit manufacturing deal with Adidas. The deal will surpass any previous one in the history of football, and also more than doubling the current £31m that Adidas pay to the top earners Real Madrid.
Nike pulled out of negotiations even though they had a clause in their contract saying that they can match any other amount offered by another brand. Adidas have also beaten the competition coming from US brand Warrior, which manufactures the kits of archrivals Liverpool, as well as reported interest from Under Armour. Nike will continue to have their Swoosh logo on the kits of United for the 2014/15 season, and the Adidas deal will kick off for the 2015/16 season.
The length of the agreement between Manchester United and Adidas is for 10 years with the Red Devils set to pocket £750m from Adidas over the coming decade. It is a massive financial boost for Manchester United, having missed out on European competitions. The 2014/15 Premier League teams wearing Adidas will be Chelsea, Sunderland, Swansea, West Brom, West Ham and Hull City.