Arsenal confirm £300 million kit sponsorship deal with adidas

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Premier League Club Arsenal have confirmed £ 300 million, five-year kit sponsorship deal with adidas.

“Arsenal and Adidas have agreed a new kit partnership, effective from July 1, 2019,” the club has stated in an official statement.

The deal, to come into effect from July next year, also spells the end of Gunners’ five year association with adidas’ German rival brand Puma. Adidas has offered a £150 million (100%) raise on the Puma contract signed in 2014.

The deal marks adidas’ return to the Arsenal camp after almost three decades – the English football giants and leading German sports brand have not had an association since 1990.

Excited Arsenal fans have started sharing the possible shirt designs on twitter.

Arsenal have had iconic kits made by adidas before, including their most famous win the league with the famous three stripes adorning their shirt at Anfield in 1989. Adidas were also the manufacturers of the cult classic ‘bruised banana’ kit in the early 1990s.

Arsenal reportedly for has been looking for a new partner with a higher value after Manchester United and Chelsea have both inked the deals almost double than what the Gunners have been getting from Puma.