The long-awaited sponsorship by Adidas is imminent. Puma’s sponsorship of the club’s kits is due to expire. Their current £30 million a year deal will be brought to a close at the end of the season which will create room for Adidas to take over.
According to the report from America, an enormous five-year deal has been agreed between Arsenal and the German sport wear giants.
According to the reports given by the sports expert business, the agreement is said to be valued at around £300 million which will last over the next five seasons.
The contract is said to be twice as high as the valued sponsorship by Puma.
Although, the Gunners acknowledges that they are not yet in the position to pronounce this report it is understood that Adidas will undeniably become the next kit partners come next season.
This extra fund will unquestionably be crux to the head of recruitment Sven Mislintat and the club manager Unai Emery in the transfer market.
It also appears that the backing will equally come when the Emirate sponsorship will take effect in a deal worth £200 million which runs until 2024, equivalent to £40 million a year.
This sponsorship is a stepping stone and a leeway for Arsenal football club to compete for trophies and bring more success to the club and fans around the world.