I still don't understand why anyone thinks we're going to get a new kit deal before the end of the current one. What incentive to Nike have to renegotiate? They've got an underpriced deal with one of the top clubs in the world. Why would they voluntarily pay more?
I imagine it depends on the terms of the existing contract. I don't think it's a given that you can just buy yourselves out, although I could be wrong.
Of course you can buy yourself out. The terms of the contract do not need to contain a buy out clause: everything is negotiable. The question is whether the cost of buying out would be worthwhile?
The agreement will be a 2 way Street. We do the business on the pitch and stay relevant all is good, but if we nosedive (like the reds) then Nike have the opportunity to renegotiate. If we continue our performances and exposure but the Nike tops don't sell in line with our trajectory, then it's Nike that are under performing and we will have the right to break away.
Before any deal is signed there will be agreements between the 2 parties on their performance in the agreement, under performances have consequences.
Isn't signing with Umbro how we ended up with Nike, when they took Umbro over?Never liked Reebok or Adidas, Under Armour would be cool. I'd rather have Umbro over anyone else though.
I agree ,it must get to a point where Nike realise they arnt making their money back ,and so what if they have a high profile if they are losing money.Tbf if Nike are forking out c £100m to Spurs and Chelsea in the premier league they may be quite happy to walk away.
Yep. Nike owned Umbro at the time although I think they've since sold it on, I think our kit deal was one of the assets they stripped before they sold it.Isn't signing with Umbro how we ended up with Nike, when they took Umbro over?
Haven't read the whole thread, could someone please just clarify something for me?
Do we have to stay with Nike for the remainder of our contract with them, or can we terminate it early?
£12m is fucking peanuts and it is costing us money being tied down to such a contract for so long, not least Nike's kits are fucking rank. Hope we fuck them off soon.
and the england gigYep. Nike owned Umbro at the time although I think they've since sold it on, I think our kit deal was one of the assets they stripped before they sold it.
Can't find figures for Spurs but I reckon we'd be level at least, Aguero is usually in the top 10 for players.How many shirts do we sell in comparison to Spurs and Chelsea