The deal comes into force on July 1, 2019 and will carry 60 million pounds a year in the club's cash register until 2024.

English Arsenal has signed the third largest sports equipment contract in history after initialing a formal 5-year contract with the German concern Adidas. The deal comes into force on July 1, 2019 and will carry 60 million pounds a year in the club's cash register until 2024. Adidas currently gives more money annually only to Manchester United - 75 million pounds per season.

The record holder in this regard is the champion of Spain Barcelona who receives 140 million pounds a year from Nike. Arsenal had a contract with Puma in the last five seasons, and in the previous two decades the team's players were dressed in "Nike". Between 1986 and 1994, when Arsenal twice won the title in England, the club was part of the Adidas family.