United and adidas extend partnership
- Thread starter Acquire Me
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In the latest episode of the United Hour Podcast, Nik and Imran are here to talk about a frustrating 2 points dropped at Crystal Palace. They then discuss the regeneration of Old Trafford. Finally, Nik is joined by special guest Michael Statham from the Football Oranje podcast - who gives us a more in depth look at our EL opposition FC Twente, and then runs through the (many) Dutch connections currently at United.
wanted Nike back - adidas kits have not moved me
You'd have thought (especially with 3 years left on the deal) this sort of stuff would be paused until the new owners come in?
What if the new ownership wants shorter contract term lengths compared to the Glazers preference of long deals?
What if the new ownership wants shorter contract term lengths compared to the Glazers preference of long deals?
But Nike have? They've been using the same template for their kits for over 10 years. You can tell a Nike kit before you even see the logo.
I’ve really liked the vast majority of adidas kits so I’m happy they’re continuing
No word on the price of the deal is a bit concerning, suggests it’s not great else I’d imagine we’d see the ‘record shirt deal’ type of announcements
Edit: Numbers are starting to come and and they are indeed massive so fair play
No word on the price of the deal is a bit concerning, suggests it’s not great else I’d imagine we’d see the ‘record shirt deal’ type of announcements
Edit: Numbers are starting to come and and they are indeed massive so fair play
Ah, it seems you're under the assumption that the Glazers aren't going to do a bunch of money upfront deals this summer then feck off into the sunset with the money once the sale is finalised.
We’ve not been with Nike for a minute - I don’t keep an eye out for what they’re doing elsewhere, but if something doesn’t work for me then I welcome a fresh approach?! Thus me wanting Nike back.
Weren’t there rumours over the weekend Adidas had given their ok for #11 to return over the weekend? Then this gets released this morning. Feel like it’s inevitable (sorry to derail the thread).
They've denied that
Well if other teams are making up their sponsorships, we might as well demand crazy figures for ours.
So Glazers who have stopped taking Dividends which usually was in the region of 20 m a year anyway would suddenly Take out all the Sponsorship money prior to Sale go figure , your hatred of Glazer's not without reasons I must admit is clearly impeding your ability to think rationally it seems .
Which is alot to be fair in the amortization language.
You think they won't clean the coffiers on the way out? Believe me, we'll be lucky to still have carpets left when they're gone.
They’re not really though. The deal is worth £900m over 10 years. Our current deal initially agreed over 10 years ago was worth £750m over 10 years.
Furthermore I’m not sure if the £900m includes the two remaining years of the current deal plus the further 10 years of the new deal. Which would make the deal worth £75m per year, which is identical to our current deal with them.
A bit of a surprise given we had Ronaldo’s shirt sales in this current period. Which you’d have thought would have helped us negotiate much higher numbers for any new deal.
Yeh I saw that, I feel like they would though. If they’re privately ok with it they still wouldn’t want it being publicly reported they’ve been part of the decision. I’m sure they’d rather the angle be ‘Utd decision, we weren’t and won’t be getting involved’.
There will be some feckery over the actual numbers to have Madrid over ours but that’s ridiculous and shows we wouldn’t need fake sponsors if a takeover happens
They were more likely two made up stories by substandard tabloid journalists , I highly doubt any of it was true .
Adidas don't get to decide who wears their shirts, if they did you'd need to present your ID and a clean criminal record to buy a shirt.
Last deal...
The Red Devils receive £75 million per year from Adidas. However, that will be cut by 30 per cent if they fail to secure Champions League football for two seasons in a row. Man United finished outside the top four last season and if that happens again, the annual payment from Adidas will come down to £52.5 million.
I've forgotten the last few seasons but did we miss out on CL football two seasons in a row?
The Red Devils receive £75 million per year from Adidas. However, that will be cut by 30 per cent if they fail to secure Champions League football for two seasons in a row. Man United finished outside the top four last season and if that happens again, the annual payment from Adidas will come down to £52.5 million.
I've forgotten the last few seasons but did we miss out on CL football two seasons in a row?
Nope
With the amount supposed to go up and United already at the ceiling -more or less- I wouldn't know anyone would object to securing guaranteed increased revenue on longer periods.
I don't know whether you are serious or not but in my opinion they won't be taking any more money out of United If they are selling .
I'm willing to bet you that before they leave there will be management fees and dividends paid out, of record amounts at that.
Minimum £90m per season. Wow.
I'll gladly take that bet .
Seems like they’ve taken the top 4 clause deductions out - and instead we have a minimum amount guaranteed which can rise based on further achievements. Looks a cracking deal tbh.
Wait until you see City's new £3b deal later this year...
I would have thought broadcasting money would be the single largest source of revenue
I thought the same.
Doesn’t seem that much of an increase when we signed the last deal so long ago? City, Chelsea and Newcastle will no doubt sign obscene deals that dwarf this.
And an additional £1b under the table on top of that .)
Its quite surprising to get a big bump up in the contract considering that we have been drifting in & out of the CL. We were rumoured to make like 5 quid per kit. Maybe we reduced that to get more upfront money?
I am sure this will just make the Glazers even more determined to extract maximum plus out of the bidders. And Woodward may have been correct all this while -- United doesn't need for silverware for financial success.
Maybe, but ours is legit.
And its £90m minimum, which is the main thing, as the previous £75m deal could be reduced if we failed to meet targets.
I'm surprised we've signed a ten year contract. Does thats mean a new owner can't negotiating their own deal?