Chelsea FC: Nike could become kit supplier for 2017-2027 with deal worth £60m per season (press)

The American sports equipment brand Nike may become the official kit supplier of Chelsea FC (Premier League) from the 2017-18 season, for a period of 10 years (until 2026-27), according to the British newspaper Telegraph Sport and the American media outlet Bloomberg on 17/05/2016. The annual amount, excluding sporting performance bonuses, would total £60m per year (€76.9m on 18/05/2016), which is more than double the amount paid by adidas to "The Blues" from 2013-14 up until the end of the 2016-17 fiscal year.

adidas and Chelsea FC announced the premature termination of their partnership "by mutual consent" at the end of the 2016-17 season, six years ahead of the originally scheduled term (2022-23), on 11/05/2016. adidas have been a partner of Chelsea since 2006-07. The London club will pay the German supplier a total compensation amount of €50m in 2016 and 2017 for the early termination of the contract.

The kit supplier agreement between Nike and Chelsea FC would become the second most lucrative partnership of its type in the world, behind the one between adidas and Manchester…