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Cape Town - Arsenal are reportedly in advanced negotiations with Adidas over a lucrative kit deal worth more than £40 million per season.
The Gunners’ existing deal with Puma runs out at the end of next season and the club have already started the process on getting a new deal on board.
The Daily Mail claims that Adidas are in pole position to become Arsenal’s new supplier and that discussions are already going well.
The club’s existing deal with Puma is worth £30 million a season to the Gunners, but the report goes on to state that Adidas are willing to invest more.
However, it has also been revealed that Puma have the option to match any deal from competitors, while there is also said to be interest from other sportswear firms too.
In comparison to other clubs, a deal worth £40 million would easily beat Tottenham and Man City’s Nike deals – which are worth £30m and £20m, per season, respectively.
Manchester United’s Adidas deal is worth a mammoth £75 million though, while Chelsea’s Nike contract comes in at £60m per season.
Finally, the report also states that Arsenal are also in talks to find their first shirt-sleeve sponsor in an attempt to improve the club’s commercial revenue.
