Arsenal FC today announced their new kit deal with German sportswear manufacturing company, Adidas.

The deal is reported to be worth £300million over the course of five years.

The agreement will come into effect on July 1 2019, when the Gunners’ current deal with Puma expires, meaning Adidas will take over from Puma, whose five-year contract with the north London club expires at the end of the season. Arsenal’s five-year association with Puma came after two decades with Nike.

At £60m-per-season, that marks the partnership out as one of the most lucrative in world football, equal with Chelsea but behind Manchester United’s deal with Adidas – the biggest in England – and Barcelona’s with Nike – the biggest in the world – which are worth £75m and £120m-a-year respectively.

Arsenal last wore Adidas’s three stripes between 1986 and 1994 during which they lifted two top-flight league titles.

The club’s decision to get back into a partnership with Adidas has been well received by supporters and former players.

Ian Wright, who enjoyed many goal-laden years at Arsenal with three stripes on his shirt, welcomed the news back in the summer. He posted on social media: “So pleased Adidas are back sponsoring after this coming season. Especially after seeing what Puma have come up with.”

British media reported that Puma is set to become the kit supplier for Premier League defending champions Manchester City in a deal worth £50 million a year from the 2019-20 season.

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