PSG On The Verge Of A New Multi-Million Deal With Nike
Paris Saint-Germain are on the verge of a new multi-million contract with Nike that could go a long way in helping the club with the Financial Fair Play rules.
Following Neymar’s world record transfer to PSG for €222 million, the club have been under intense scrutiny over a possible breach of the FFP. PSG are currently under the investigation of UEFA but any decision will only be taken at the end of the season.
Several reports in France and Spain have claimed that PSG could be forced to sell as much as eight players in January in order to keep up with the FFP. Last week, Téléfoot claimed that midfielder Lucas Moura could be on his way to Chelsea while goalkeeper Kevin Trapp could end up at Dortmund. Other possible deals include Ángel Di María to Barcelona and Javier Pastore to Inter Milan. However, with the new deal with Nike, the pressure can ease off. According to club insider Paris United, Les Parisiens have already signed a new multi-million deal with Nike that will see the club earn €60 million annually excluding the bonuses. The current deal is worth around €25 million and runs until 2022. The new deal is set to run a further five years until 2027.
Paris United, who shot to fame when they became the first outlet to report the Neymar and Mbappé deal, also added that PSG wanted a €80 million deal based on Chelsea (€62 million) and Manchester United’s (€100 million with adidas) contracts. But Ligue 1’s lack of exposure as compared to the Premier League was seen as a factor behind the refusal. Nonetheless, PSG will earn an additional €10 million from the deal if they win the Champions League. A further royalty bonus of around 9% will also be provided on sale of club’s Nike products.
Neymar’s presence has been a major factor in the deal with marketing executive Jean-Claude Blanc trying to negotiate the deal for several months now.
With a further €35 million in the purse that will certainly ease off the FFP blues, PSG will now negotiate their contract with sponsors Fly Emirates. The current deal is worth €25 million and runs until 2019. PSG want a further €25 million.