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Sportswear giants Nike and adidas battle it out for United's mega £70m-a- year kit deal - Daily Mail
A bidding war between sportswear
giants Nike and adidas is set to push the value of Manchester United’s
next kit deal beyond the £70m-a-year mark, it emerged on Tuesday
evening.
Just a day after Arsenal signed a British record deal with Puma of £35m-a-year, Sportsmail can
reveal that the battle for United’s next kit reached fever pitch this
week with rival companies adidas, Warrior and Puma all attending
meetings with commercial director Richard Arnold to pitch for the deal.
United’s current suppliers Nike are favourites to renew the present contract that runs at £23.5m-a-year and expires in 2015.
However a period of exclusivity –
during which United could talk only to them about a new contract – ran
out at the end of last July and United are now free to speak to rival
bidders.
adidas were first
through the door at Old Trafford this week, spending Monday outlining
their plans to Arnold and his team. Officials from up and coming US firm
Warrior – who pay £25m-a-year to supply Liverpool’s kit – spent all day
at the club yesterday while Puma are expected to attend meetings on Wednesday.
It
is understood that United and Nike have had some serious disagreements
over the way a new contract would be structured in the last two weeks
and it is this that has opened the door for Adidas and others.
The
winner from the whole thing will be United, of course, as serious
competition from other brands will only serve to drive up the price over
and above the £65m-a-year mark experts originally thought it would come
in at.
One industry expert said: 'This
is great news for United as the more serious interest they attract from
rival competitors, the higher the numbers they will manage to
eventually get on the contract.'
The
new deal is expected to run over five years and come in at over £350m
in total. It serves to indicate just how powerful the Barclays Premier
League champions are, regardless of their recent difficulties on the
field under new manager David Moyes.
The
deal will dwarf not only Arsenal’s recent Puma contract but also
Chelsea’s £20m-a-year contract with Adidas and Manchester City’s
£12m-a-year arrangement with Nike.
Another
number to look out for in the coming weeks is that attached to
Barcelona’s forthcoming new deal with Nike. It is understood that Nike
are contractually bound to match that at least when dealing with United.
A
club spokesman said: 'We currently are in discussions with multiple
parties regarding our Global Retail, Apparel & Product Licensing
business starting in the 2015/16 Season.
'This
process is a routine practice used for our global and regional
sponsorship deals and helps us maximize the value/structure of the
Club’s partnerships.'