The 2015-16 season comes to an end of all league and yesterday German Club VFl Wolfsburg who beat Real Madrid in Champions League 2015-16 Quarter-Final 1st Leg at home by 2-0 and later lost to Los Blancos by 3-0 at Santiago Bernabeu by breathtaking hat-trick of Cristiano Ronaldo has signed a 10 year Kit Deal with Nike of worth €72 million. Nike will launch 2016-17 kit of Wolfsburg this summer and will run this deal till 2024-25 season. This is the biggest kit deal in terms of no. of years in the history of football clubs. Wolfsburg previous deal with Kappa has ended which is only for 2 years and Nike bagged this deal with German Club Wolfsburg.
Nike proposed the contract of 10 years till mid-2027 for 80 million euros or 8 million Euro per year. Before this deal, Borussia Dortmund has a deal of worth 50 million euros for 8 years with Puma. Thus, Wolfsburg becomes the 2nd best Kit deal in Germany only behind the First club Bayern Munich with Adidas who has the deal of worth 90 million Euros per year.
This is not the first time time VFL Wolfsburg is doing the kit deal with Nike. Before this deal, Nike has provided sports equipment from 2004-2009 to Wolfsburg.
VFL Wolfsburg signed 10 year Kit Deal with Nike worth €80 million
|2016 to 2025||€80 million (Guaranteed over next 10 years)||€8 million/per season|
Nike will release the Wolfsburg 2016-17 kit on 4th July 2016. Wolfsburg is very happy with this deal as they get money to invest in players and make the club better. They will also get 20 million Euros from UEFA for qualifying in Champions League quarter-final this season.
After Bayern Munich, Wolfsburg becomes the 2nd club in the history fo German football to sign the most lucrative deal in Football kits history. We know only Two Spanish clubs [Real Madrid & Barcelon] and more of the English clubs sign the best Kit deals in football. This is a good sign for German football.
Till Now Man United has signed the biggest Kit deal of 75 million Euros a year in the history of Football with Adidas.
Other Clubs for whom Nike made the Kits:
Arsenal, Aston Villa, Atletico Madrid, Barcelona, Boca Juniors, Celtic, Dundee United, Ebbsfleet United, FSV Mainz, Fulham, Hertha BSC, Inter Milan, Juventus, Manchester United, Porto, PSV Eindhoven, RC Lens, Rubin Kazan, SC Freiburg & Werder Bremen.