Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Nike faces rivals for Manchester United soccer kit deal

29 January 2014, 08:24

London - English soccer's reigning champions Manchester United are talking to several sportswear companies about a new kit supply deal to replace one with Nike that expires next year, the club said on Tuesday.

Manchester United had opened talks with Nike last year on a renewal, but the club has yet to clinch an agreement with the U.S.-based company. The club has now confirmed that they have also started talks with rival suppliers.

"We currently are in discussions with multiple parties regarding our global retail, apparel and product licensing business starting in the 2015-16 season," a United spokesman said.

"This process is a routine practice used for our global and regional sponsorship deals and helps us to maximise the value/ structure of the club's partnerships," he added.

The Nike deal generated revenue of 38 million pounds ($63.02 million) in the 2012-13 season, including United's share of the profit from global sales of shirts and other merchandise.

British newspapers have reported that United were seeking to generate upwards of 60 million pounds a year from a new contract. Nike would have the right to match any offer made by another company for the United contract.

"United are a valued partner and discussions are ongoing with them," a Nike spokesman said.

Nike and its German rival Adidas are the two dominant companies in the soccer kit market.

However, third-ranked Puma boosted its standing on Monday when it announced it had ousted Nike as the partner for Premier League club Arsenal.

United, owned by the American Glazer family, are having a poor season by their own high standards and are facing a battle to qualify for the lucrative Champions League.

However, they remain one of the world's most popular soccer teams. They proved their appeal to sponsors in 2012 when they agreed a record $559 million deal with General Motors to have the Chevrolet brand on their shirts for seven seasons starting from 2014-15.

- Reuters


WRAP: English Premiership

24 October 2016, 07:16

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Submitted by
S Mbinya
How to get rid of cellulite at ho...

Proper diets and a healthy lifestyle are among the most effective natural remedies for cellulite. Read more...

Submitted by
George Vodongo
Peter Kenneth is not a good leade...

A local activist has slammed the former Presidential candidate Peter Kenneth for only appearing during elections but going underground when the country has problems.  Read more...

Submitted by
Ben Wangui
Javelin champion Julius Yego invo...

He is undergoing treatment at the Medihill hospital in Eldoret. Read more...

Submitted by
Wilson Ochieng
DP Ruto accuses Raila of selling ...

DP Wiliam Ruto has castigated Raila Odinga for seeking western support to fund his 2017 election bid. Read more...

Submitted by
William Korir
Peter Kenneth announces Uhuru 201...

Peter Kenneth has announced that he will support President Uhuru Kenyatta in the 2017 elections. Read more...

Submitted by
Wilon Ochieng
Labour Party to dump both Jubilee...

The Labour Party of Kenya is likely to avoid supportoing both the CORD and Jubilee factions during the 2017 General Elections. Read more...