Paris Saint-Germain (PSG) and Nike are reportedly set to sign a new contract lasting between eight and ten years. The new deal would bring in a record-breaking amount for the French club, with Nike committing up to €30 million per year. The contract includes a guaranteed minimum on royalties from sales of Nike products featuring the club’s image. This marks a significant increase from the previous deal, where Nike paid €6.5 million annually to PSG. The negotiations highlight the growing financial power and global stature of PSG as one of the top football clubs in Europe.
FOOT-BUSINESS: PSG MAKES NIKE FOLD, 30 MILLION EUROS TO POCKET PER YEAR
