---
title: "Exciting new details emerge regarding Liverpool’s Nike deal"
canonical: "https://readliverpoolfc.com/articles/exciting-new-details-emerge-regarding-liverpools-nike-deal/"
type: "post"
language: "en-GB"
author: "Alex Turk"
section: "Articles"
published: "2019-09-27T16:46:04Z"
modified: "2019-09-28T08:00:16Z"
---

# Exciting new details emerge regarding Liverpool’s Nike deal

Liverpool’s colossal deal with American sportswear manufacturers Nike is edging ever closer and thanks to the ever-reliable Paul Joyce, new details have today emerged.

In a report for The Times, Joyce has revealed that according to High Court papers, the kit deal will only be worth a guaranteed £30million per-year.

However, Nike have committed to paying the Reds a 20% royalty on all net sales of Liverpool Football Club products.

The exciting detail though, is that the club will be promoted by globally-renowned non-footballing superstars in the same bracket as tennis ace Serena Williams and musician Drake.

![Cole Burston/Getty Images News](https://cdn.readeverything.co/readliverpoolfc/2019/09/1149775641.jpg)

£30million per-year is a surprisingly low sum considering it’s less than the £45million-a-year deal Liverpool currently have with New Balance.

The club’s current kit suppliers have commenced legal action, claiming it can match Nike’s terms, but it seems like only a matter of time before jumping ship.

Plenty of the European champions’ supporters have unsurprisingly reacted with plenty of excitement to the news on social media, with the prospect of becoming a true global powerhouse acting as music to the ears.

This is quickly becoming a very interesting story as it continues to unfold, and it’d be nice to adding a Premier League trophy to the cabinet to fuel excitement further, ey?