Tottenham are reportedly set to announce a huge new kit deal.
Tottenham Hotspur chairman Daniel Levy
According to The Sun, Tottenham are set for a huge £25m-a-year deal with Nike to replace Under Armour as their kit manufacturer for 2017 onwards.
Spurs are back in the Champions League after a superb season under Mauricio Pochettino, and whilst things are going well on the pitch, it seems that Tottenham are also set for a major boost off the pitch as well.
With chairman Daniel Levy looking to boost the club’s profile ahead of their move to a new stadium, The Sun report that Spurs are set to sign a deal with Nike to become their new kit supplier.
Tottenham have been supplied by Under Armour since 2012 after a long-term deal with Puma, and that current agreement allegedly hands Spurs £10m-a-year.
Now though, the new deal with Nike will bring in around £25m-a-year, which will reportedly be put towards funding the new stadium in the coming years.
However, the Daily Mail report that there’s some frustration from Daniel Levy that Nike’s deal with Chelsea hands the Blues a whopping £60m-a-year – and Spurs have had to take £35m-a-year less than their fierce London rivals.
After months of talks, Tottenham appear to have struck a deal with Nike, and whilst it is some way short of Chelsea’s agreement, the deal does give Spurs an extra £15m every year from 2017 onwards, when their Under Armour deal expires.
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