Snapshot
May 18, 2016

Nike signs on as official sponsor for Chelsea FC

Participating in this sponsorship deal:

Nike logo Open uri20141112 64162 12a44ra?1415807471

About Sponsor:

Nike, Inc. is a major publicly traded sportswear and equipment supplier based in the United States. The company is headquartered near Beaverton, Oregon, which is part of the Portland metropolitan area. It is the world's leading supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$18.6 billion in its fiscal year 2008 . As of 2008, it employed more than 30,000 people worldwide. Nike and Precision Castparts are the only Fortune 500 companies headquartered in the state of Oregon, according to The Oregonian.

About Property:

Chelsea Football Club are an English football club based in West London. Founded in 1905, they play in the Premier League and have spent most of their history in the top tier of English football. Chelsea have been English champions four times, FA Cup winners six times and League Cup winners four times. They have also been achieved European success, winning the UEFA Cup Winners' Cup twice.

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Chelsea and Nike Inc. have agreed to the second-biggest apparel deal in English soccer. The U.S. sports manufacturer will pay as much as 60 million pounds ($87 million) per season over at least 10 years to outfit the Premier League team starting in 2017, according to people familiar with the matter.
Read more at www.bloomberg.com »
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