Manchester United have secured a fresh 10-year agreement with Adidas worth a minimum of £900million.
The Red Devils have lengthened their collaboration with the German sportswear giant, which commenced back in 2015. Its expiration was originally projected to occur in two years’ time.
However, they will now be collaborating until 2035, with the contract ensuring United of at least £900m, subject to certain adjustments. That amount is equivalent to approximately £250,000 per day throughout the course of ten years.
United’s chief executive, Richard Arnold, expressed to the club website: “The relationship between Manchester United and Adidas is one of the most renowned in world sport, formed through a collective dedication to elegance, flair, and, above all, superior performance.
With its origins in the 1980s, our partnership has been rejuvenated over the past decade with a multitude of cutting-edge designs and sports technology.