Premier League club Arsenal has signed a new £300m ($391m) kit deal with German brand adidas, as the Gunners prepare to say goodbye to Puma at the end of this season.
Arsenal announced the new five-year deal with adidas today, reportedly worth around £60m per year. The last time adidas supplied Arsenal’s kit was in 1994.
Under the new deal, Arsenal will double its money compared to its current kit deal with German brand Puma, which is worth around £30m per year.
Puma has supplied Arsenal’s kit since 2014-15 under a similar five-year deal.
Arsenal’s new deal with adidas will see the Gunners take joint second place among the Premier League’s most expensive kit deals, tied with London rivals Chelsea FC.
In first place is Manchester United, whose kit deal with adidas is worth around £75m per year.