PSG to sign €100m per year Nike contract extension

PSG to sign €100m per year Nike contract extension PSG and Nike are on the verge of a massive contract extension, both in value and in length, according to L’Equipe . The American brand is PSG’s kit supplier since 1989, and their relation will continue into the long-term. The contract binding PSG with Nike was due to expire in 2032, but club president Nasser Al-Khelaïfi reportedly requested new terms on the back of the Ligue 1 side’s maiden Champions League win in 2025. L’Equipe  understands that negotiations are expected to be concluded over a five-year contract extension, until 2037, with PSG set to bank a bumper pay rise from Nike. As PSG’s current Nike deal is reportedly worth €60m per year,  Les Parisiens  are now in line for a €100m annual windfall. The outlet adds that PSG have secured one ot the most lucrative kit deals in the world, comparable to Barcelona’s deal with Nike. GFFN | Bastien Cheval