JUST IN: Manchester City Sign £650m Sponsorship Deal With Puma

EPL Champions, Manchester City have signed a £650m sponsorship deal with Puma, a deal which is the second-highest in the Premier League.

The deal signed by the reigning Premier League champion sits only behind Manchester United’s with Adidas.

The new sponsorship contract will kick in from the summer of 2019 as Manchester City are still on contract with Nike.

The figures in the new deal with Puma is a huge hike on City’s current kit contract, which stands at £20m a year with Nike.

Other clubs under the umbrella of Manchester City are also to benefit from thelis contract contrary to initial talks on the deal.