Arsenal have signed a new kit sponsorship deal with Adidas which is expected to be worth close to £60 million-per-year.
The new Arsenal Adidas deal is almost double the £30m-per-year the club was getting from Puma.
The Gunners confirmed the deal on Twitter on Monday, October 8, 2018 saying it will go into effect on July 1, 2019 when their partnership with Puma expires.
Arsenal did not immediately provide any further details, but the Adidas partnership is expected to be a five-year deal.
This is coupled with a new shirt sponsorship deal with Emirates that also goes into effect next season, the Adidas contract should increase Arsenal’s spending power regardless of whether the Gunners manage to return to the Champions League.
Arsenal also signed their first sleeve sponsor for this season, the Rwanda Development Board, in a deal worth around £10m-per-year.
The club last wore an Adidas kit during the 1993/94 season, and spent two decades with Nike before switching to Puma.