Nike ends Manchester United kit deal after 13 years Nike is ending a 13-year deal to sponsor Manchester Uniteds football kit. In a statement, the American sportswear company said the terms that were on offer for a renewed contract did not represent good value for Nikes shareholders. It is thought that either Germanys Adidas or Warrior will replace them. Manchester United did not qualify for this seasons Champions League for the first time in 19 years. The club suffered its worst ever Premier League finish last season after manager Sir Alex Ferguson left following 26 years in the job. His successor, David Moyes, lasted just 10 months and Dutch manager Louis van Gaal takes over following the Netherlands World Cup campaign. Nike first signed the deal with the club in 2002 and on Monday unveiled a new kit for the 2014-15 season. It will be the last one bearing the Nike logo. Nike said: Manchester United is a great club with passionate fans. Any partnership with a club or federation has to be mutually beneficial and the terms that were on offer for a renewed contract did not represent good value for Nikes shareholders. We look forward to a successful final season with the club. Uniteds existing deal with [...] manchesterinnews/nike-ends-manchester-united-kit-deal-after-13-years/
Posted on: Tue, 08 Jul 2014 18:45:25 +0000
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