Arsenal have announced a new kit sponsorship deal with Adidas, which will take effect from next season.
The agreement, which is worth around £300 million over five years, becomes active from July 1, 2019.
It is claimed the new deal will bring in double that which they have earned from Puma since 2014, although it is still less than the reported £75m per year Manchester United earn from Adidas.
Arsenal’s last kit deal with the German sportswear giants was back in the 1993-94 season, two years before Arsene Wenger, the longest-serving manager in the club’s history, took charge.
Arsenal and adidas have agreed a new kit partnership, effective from July 1, 2019 pic.twitter.com/ceZzq0elgs — Arsenal FC (@Arsenal) October 8, 2018
That relatively short agreement came on the back of two decades of Nike sponsorship.
The club’s decision to get back into a partnership with Adidas has been well received by supporters and former players.
Ian Wright, who enjoyed many goal-laden years at Arsenal with three stripes on his shirt, welcomed the news back in the summer. He posted on social media: “So pleased Adidas are back sponsoring after this coming season. Especially after seeing what Puma have come up with.”
