Nike ‘On the Verge’ of new £400m England Kit Deal

nike extend england kit deal

Nike are reportedly close to agreeing a bumper deal with the England National Football Team to extend the current kit deal for a further 12 years.

England and Nike are close to sealing a record £400m kit deal.

England Kit 2016 Neck

The deal, estimated to be £33m a year, would see England behind only Germany in national kit deals. However, Nike are only offering this package if England sign for 12 years. By 2030, when this deal expires, £33m a year will be a bargain figure for Nike to pay.

Nike are thought to have offered large incentives for England if they do well, plus contingency clauses if they fail to qualify for major tournaments.

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