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Article Date: November 2018
Word Count: 287

Adidas Nears Signing €1.1 Billion Deal with Real Madrid


The deal is reported to guarantee the club €110 million per year for 10 years which would actually eclipse the guaranteed amount Nike is paying FC Barcelona of €83 million, though incentives could raise that to €155 million. That easily surpasses the €85 million per year Adidas is paying Manchester United and represents a nice upgrade from the €38.7 million Adidas is currently paying Real Madrid. Puma’s top property is Manchester City which it has signed for €56.9 million. Adidas may not be done yet. It is also said to be negotiating with Serie A Napoli to replace Kappa before ... Log in to view full article.

 


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