Monday, January 27, 2014
Arsenal signs Puma kit deal after 20 years with Nike
The German firm Puma has not revealed the exact value of the five-year deal, but it is worth more than £30m a year. Puma will officially become the kit supplier from 1 July. Until then, no official kit designs will be released.
Puma said the deal was the biggest ever, for both itself and the football club. "Arsenal represents a major commercial and marketing opportunity to reinforce Puma's credibility as a global sports brand," Puma chief executive Bjoern Gulden said.
Puma's biggest name athlete is Jamaican sprinter Usain Bolt.