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.

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.