Nike to become official kit supplier of Chelsea FC

Reuters News
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Posted: Oct 13, 2016 10:38 AM

(Reuters) - Nike Inc said on Thursday it signed a long-term deal with top English football club Chelsea FC, becoming its official kit supplier from the 2017-18 season.

Nike declined to provide financial terms of the deal, which is the biggest in the club's history.

The Guardian newspaper reported that London-based Chelsea FC's deal with Nike is worth an estimated 60 million pounds ($74.6 million) a season for the next 15 years.

(Reporting by Abhijith Ganapavaram in Bengaluru; Editing by Sriraj Kalluvila)