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Arsenal Agree Record £170m New Kit Deal With Puma
Arsenal have agreed a new kit deal with Puma worth in excess of £30m-a-year with the five year deal worth a total of £170m making it the most lucrative in Premier League history, according to the Mirror.
Our current kit deal with Nike is due to expire in 2014 and the report claims they have decided against triggering an exclusive renegotiation clause allowing us to speak with other manufacturers.
Reports have been rife in recent months about who the next kit maker would be with Adidas and Warrior both touted, but it seems Puma have won the race and will become our new kit manufacturer in 2015 ending a 20-year association with Nike.
The deal is worth more than Liverpool’s new £25m-a-year contract with Warrior and dwarfs the current Nike deal, that is worth just £55m over seven years. However, the Mirror claim we’re still bound to a confidentiality agreement and the new deal won’t be officially announced for some time.
The new deal will be a further boost to manager Arsene Wenger and additional funds could be made available for transfers as we continue to make strong strides in our off the field commercial activity, with this new deal following on from the £150m five-year shirt sponsorship deal with the Emirates that was announced last November.
What do you make of the new kit deal? Are you happy with Puma? Get involved in the comments section below.