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Chelsea and adidas will terminate their existing commercial partnership six years ear
23.12.2017, 08:43
Beitrag: #1
Chelsea and adidas will terminate their existing commercial partnership six years ear
Chelsea and adidas will terminate their existing commercial partnership six years early in 2017. Mike Wallace Jersey . It is understood that Chelsea initiated talks to end the deal early and are happy to pay the £40m termination fee. adidas has been the sponsor and sportswear supplier for the Premier League club since 2006.Chelsea looked at all their commercial deals and realised they could get a lot more than the £30m a year they were receiving from adidas. They signed the £30m-a-year deal in June 2013 and were surprised when the company secured a £75m-a-year deal with Manchester United 12 months later. They believe they have been one of the worlds most successful clubs and the current adidas deal did not reflect their market value.The Premier League club are confident of signing a much more lucrative kit deal.A spokesperson at adidas told Sky Sports News HQ that the decision was in line with our strategic business plan where we will sponsor fewer teams in the coming years. New kits unveiled Hows the new kits of the Premier League teams looking? With Chelsea having just launched their new kit, adidas was asked why the pair were parting company.The spokesperson stated: We will still continue to partner with the club until June 30 2017 and we look forward to the 2016/17 season together.Chelsea have endured a miserable campaign in the Premier League this season having begun the campaign as champions. They are currently ninth with two games remaining.adidas continue to be in discussions with Real Madrid about renewing their kit deal with that agreement expected to be worth a world record £1bn over 10 years. That would be more than Manchester Uniteds 10-year £750m deal. Oscar shows off the new Chelsea kit for next season United receive £75m a year from adidas but that is cut by 30 per cent to £52m if they fail to qualify for the Champions League two seasons in a row.adidas, whose association with the English Cricket Board is also ending next year, are focusing on their big deals with Real Madrid, Manchester United and Bayern Munich.The spokesperson added: adidas AG wishes to expressly thank Chelsea Football Club for their always professional and successful collaboration, which has included, among other successes, the time of their UEFA Champions League title in 2012 as well as two Premier League titles. Also See: Oscar vows to prove himself Hiddink: Terry worthy of new deal Pedros broken nose mystery Terrys career in numbers Kamalei Correa Jersey .J. -- The New York Jets have promoted Tony Sparano Jr. C.J. Mosley Jersey . LOUIS -- The St. . -- The Oakland Raiders expect to have starting right tackle Tony Pashos back for Sundays game against the Houston Texans.SAGINAW, Mich. -- Justin Kea scored 3:36 into overtime as the Saginaw Spirit edged the visiting Sault Ste. Marie Greyhounds 4-3 on Monday in the Ontario Hockey Leagues final game of the regular season. Eric Locke had a pair of goals for the Spirit (33-30-5), who jumped over the Owen Sound Attack for the sixth seed in the Western Conference, while Cody Payne scored the other. Patrick Watling scored twice for the Greyhounds (44-17--7) and Jorgen Karterud added a single goal. Terrell Suggs Jersey. Saginaws Jake Paterson made 31 saves for the win as Sault Ste. Maries Brandon Halverson kicked out 48-of-52 shots in a losing cause. The Greyhounds, who own the second seed in the Western Conference, will face the seventh-seeded Owen Sound Attack in Round 1 of the OHL playoffs. The Spirit will play the third-seeded Erie Otters. Both series start on Mar. 21. Cheap NFL Jerseys Wholesale Jerseys Wholesale NFL Jerseys Jerseys From China Wholesale NFL Jerseys Cheap NFL Jerseys Cheap Jerseys ' ' '
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