- Chelsea's current kit partnership with adidas will end after next season
- The Blues will earn double the amount per annum with adidas' rivals Nike
- Nike deal will be worth £60million, while adidas currently pay £30m
Chelsea are set to sign a kit sponsorship contract with Nike worth
£60million-per-year in what will be the second biggest deal in the
Premier League.
The
Blues announced earlier this month that they are parting company with
adidas at the end of next season, after the pair decided to terminate
their current deal six years early.
Adidas'
shirt deal was worth £30million annually - a figure that will be
doubled by their American sportswear rivals, despite the fact Chelsea
won't be competing in Europe next season.
Chelsea are set to agree a £60million-per-year kit deal with Nike which will begin at the 2017-18 season
Diego Costa models Chelsea's new adidas home shirt for next season - which will be the last worn by the club
The Blues announced on May 11 that they have agree to end their deal with adidas six years early
As revealed by Sportsmail, Chelsea and adidas' split is said to be by mutual consent but talks were instigated by the former for some time.
The
west London outfit had grown increasingly annoyed by the way German
company have been concentrating on Manchester United, Real Madrid,
Bayern Munich and Juventus, and on signing new players.
And the financial gain of Nike's deal will increase Chelsea's leeway in regards to Financial Fair Play too.
UEFA's
monetary model is calculated over a three-year period with clubs
currently allowed to spend around £23m more than they earn for the
2015-16, 2016-17 and 2017-18 seasons.
Chelsea's
failure to qualify for the Champions League will cost upwards of £40m, a
figure that won't hinder them severely now with the incoming Nike deal
as well as the imminent extra revenue that will be sustained from the
Premier League's bumper TV deal.
Chelsea's
new deal with Nike will be significantly more per year than the
latter's with Manchester City (£12m) and Arsenal's agreement with Puma
(£30m).
However,
it is still below Manchester United's staggering 10-year
£75m-per-season contract with adidas, which came into effect this term.
Manchester United boast the biggest lucrative shirt deal in England - earning £75m-a-year from adidas
Chelsea's London rivals Arsenal earn £30m-a-year from German sportswear company Puma
Manchester City are currently sponsored by Nike but earn a fifth's of Chelsea's likely deal - at £12m-a-year
