Oct 13 Nike Inc said on Thursday it signed a long-term deal with top English football club Chelsea FC, becoming its official kit supplier from the 2017-18 season.
Nike declined to provide financial terms of the deal, which is the biggest in the club's history. (swoo.sh/2eauomL)
The Guardian newspaper reported that London-based Chelsea FC's deal with Nike is worth an estimated 60 million pounds ($74.6 million) a season for the next 15 years. (bit.ly/2dePBva)
($1 = 0.80 pounds) (Reporting by Abhijith Ganapavaram in Bengaluru; Editing by Sriraj Kalluvila)