Manchester United and Adidas have agreed an extension to their long-term partnership worth at least £900million.
The sportswear giants will be the official kit supplier to Manchester United for a further ten years and has a “minimum cash guarantee” of £900million, equating to at least £90million per season.
Manchester United chief executive Richard Arnold told the club’s official website: “The relationship between Manchester United and adidas is one of the most iconic in world sport, forged through a shared commitment to style, flair and, most importantly, high performance.
“With its roots in the 1980s, our partnership has been reinvented over the past decade with some of the most innovative designs and technology in sportswear. We are now looking forward to refreshing this powerful partnership again through the remainder of this decade and into the 2030s.”
Adidas chief executive officer Bjorn Gulden told United’s official website: “We are extremely proud to announce the extension of the contract with Manchester United. adidas and Manchester United are two of the most important brands in international football and it is very natural for us to continue our cooperation. We will combine tradition and innovation to please both the players and the fans.
“We look forward to continuing our partnership with one of the most iconic clubs in football!”
Manchester United reunited with Adidas as the club’s official kit supplier at the start of the 2015/16 season after 23 years.
