Arsenal have entered into negotiations with Adidas for a £40m-a-year kit deal for 2019.
According to the Daily Mail, Arsenal’s contract with Puma will expire by the end of next season and the rival sports brand is in pole position to become their next shirt manufacturer.
The Gunners’ agreement with Puma is worth £30m per year, but Adidas are reportedly ready to come in with an improved offer which could rise further if Arsenal secures Champions League football by winning the Europa League.
A £40m-a-year kit deal would be one of the most money-spinning in England, regardless of being some way behind Manchester United’s £75m-a-year Adidas contract and Chelsea’s £60m-per-season Nike deal.
Arsene Wenger’s side are also said to be seeking their first sleeve sponsor to further boost up revenue.