Arsenal Announce New Kit Deal With Adidas Worth £300m

Arsenal have agreed a new kit sponsorship deal with Adidas, which will take effect from next season, the club announced.

The agreement, which is reportedly worth £300million over five years, will be effective from July 1, 2019.

It is believed the new deal will double earnings from Puma since 2014, although it is still below 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.