Barely days after unveiling their new Nike made 2014/15 home kit, Manchester United have announced a staggering £750m kit deal with Adidas, which will see the Red Devils end their 13 year association with Nike. The deal with Adidas will commence in the 2015/16 season and is the biggest shirt sponsorship in football currently, easily dwarfing the £31m per season paid by Adidas to Spanish giants Real Madrid. Nike were paying United somewhere in the range of £23-24m per year during their sponsorship.
When the Glazers bought Manchester United in 2005, they did so for £790m, which is just £40m lesser than the total value of this kit deal with Adidas.
United currently earn over £50m a year from Chevrolet, who are the new front of the shirt sponsors.
The 2015/16 season will also mark the first time in over two decades that Adidas are making United shirts. They last supplied MUFC shirts in the 1991/92 season.
The news is a further blow to Nike, which also lost Arsenal to Puma last season. Warrior Football were also in the running once it became evident that Nike and United were not going to continue their partnership, but Adidas beat the current LFC kit makers to the deal.