Manchester City are close to securing a stunning £50million annual deal with kit manufacturer Puma.
The Blues’ current deal with sports giants Nike expires at the end of the season and Puma are willing to front up the cash to design City’s shirts for the foreseeable future.
Talks between both parties are nearing completion following months of negotiations with the fee set to rival Nike’s deal with Chelsea. Nike currently pay City £20million per season since 2013 and City believe their market value is far higher than the agreement with the American sports company.
The deal could close the commercial gap between City and United who are currently earning £75million annually from Adidas.
Puma have a deal with Premier League rivals Arsenal worth £30million per season which is far below the fee City have seemingly agreed with Puma, according to the Daily Mail.
City recorded record income of £473.4million and the latest deal with Puma will only increase the clubs financial strength.