The eight-year extension of their deal with kit supplier Nike could be worth as much as €29 million per season to Inter Milan.
This according to today’s print edition of Milan-based newspaper Gazzetta dello Sport, via FCInterNews, who report on the figures involved in the new deal which extends the 25-year partnership between the Nerazzurri and the US-based apparel company.
It’s official – Inter have extended their contract with Nike.
The Nerazzurri made the announcement of the new deal with the US-based apparel company yesterday.
Inter’s announcement notes that “Nike’s Inter kits and accessories have become cult items for the next generations, representing iconic and unforgettable moments for the club, while looking ahead and anticipating trends.”
“Nike will continue to design match and training kits for the men’s, women’s and youth teams as well as lifestyle collections to connect the Inter brand with a wider and global audience.”
“Inter Kits will feature the latest innovation in materials, engineered for the “body in motion”, prioritizing mobility, breathability and sustainability.”
New Deal With Nike Significantly Increases Guaranteed Earnings For Inter Milan
Inter, who began their partnership with Nike in 1998, will extend the partnership for another eight years.
The Nerazzurri and the US-based company have signed an extension of their deal until 2031.
Inter are now the only club in Italy who have an ongoing partnership with Nike.
Crucially, the new deal will see Inter earn significantly more than they had on their previous deal. Particularly on the basis of the fixed amount before add-ons are included.
Last season, Inter had earned just €12.5 million per season before the inclusion of add-ons.
In the new deal, the Nerazzurri will earn €26 million per season for the next eight seasons.
In addition to this, €3 million in add-ons per season could also arrive in Inter’s coffers. These would be contingent on shirt sales.
