Paris Saint-Germain and Nike agree long-term sponsorship renewal

Sportswear manufacturer Nike will continue to serve as Paris Saint-Germain's kit supplier for the next decade and beyond.

Published : Jun 28, 2019 15:46 IST

PSG star Kylian Mbappe. The sponsorship deal has been described as the biggest in the club's history.
PSG star Kylian Mbappe. The sponsorship deal has been described as the biggest in the club's history.
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PSG star Kylian Mbappe. The sponsorship deal has been described as the biggest in the club's history.

Paris Saint-Germain and Nike have extended their commercial partnership until 2032 in a sponsorship deal described as the biggest in the club's history.

The agreement — reportedly worth around EUR 75 million per season — continues a relationship that began in 1989. Nike last renewed its contract in December 2013 and has now added a further decade to a deal that was due to expire in 2022.

PSG, which claims to be valued "by the world's leading international consultancies" at nearly EUR 1 billion, has dominated French football in recent years, winning Ligue 1 in six of the past seven seasons.

 

"The agreement represents a very important milestone, reflecting what the club has become on the global stage and the great ambitions we have for the future," said PSG president Nasser Al-Khelaifi.

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