Starting from July 2019, Adidas will be in charge of the production of Arsenal's kits.

The news was confirmed by the London club on Monday.

The German company succeeds Puma who has been in charge of making Arsenal's kits since 2014.

The agreement between the Gunners and the latter ends in 2019. Arsenal, who currently earns less than the likes of Manchester United and Chelsea in sponsorship agreement, will be handed a massive boost in income next year.

The team's previous agreement with Puma saw them earn £30 million (N14.4 billion) per annum, with the five-year agreement signed amounting to £150 million (N71 billion).

With regards to the new deal with Adidas, the Emirates outfit, according to Mirror, is expected to pocket an amount not less than £60 million (N28.5 billion) every year, with the gross income from the sponsorship deal amounting to £300 million (N142.6 billion) over five years.

As a result, the Londoners will possess the third most lucrative kit deals in football, behind Barcelona's £140 million (N66.5 billion) -a-year contract with Nike and Manchester United's £75 million (N35.7 billion) -a-year agreement with Adidas respectively.

The partnership between Arsenal and Adidas is nothing contemporary as the pair combined to produce sports gears between 1986 and 1994.

Click the link to read more: https://www.queensmail.com/2018/10/the-full-breakdown-of-arsenals-n1426.html

https://www.queensmail.com/2018/10/arsenal-announce-new-adidas-kit-deal.html

[url]QUEENSMAIL.COM[/url]