Jul 8, 2014, 7:58 AM EST
It turns out there’s truth to the rumor that Nike’s relationship with Manchester United will be no more.
Reuters has issued a report that, according to sources, the American sportswear giant is stepping away from its longstanding status as kit-supplier to the Red Devils over what it considers an imprudent cost of doing business.
And to be fair, United came close to doubling its asking price.
From the report:
“Clearly Nike’s football business is booming and they could easily afford to do this (deal). They had the right to match any other offer but looking at the deal on the table, they will walk away as it doesn’t make commercial sense,” the source said.
United got around 38 million pounds ($64.7 million) from the Nike deal in 2012-13, including its share of profit from the sale of merchandise around the world.
Media reports had suggested the club was looking for a new deal worth around 60 million pounds per season.
Everything has its breaking point, and a doubled-cost is apparently Nike’s line in the sand (thought Nike unveiled its latest Manchester United shirts earlier this month).
It will be interesting to see how this affects the fee for other clubs and their apparel providers, as the move is likely less about Manchester United and more about the cost of doing business with massive clubs as a whole. There’s no doubt this story will be discussed in board rooms from Barcelona to Rome and beyond.
And as Southampton moved its shirt production in house — and, gasp, they still look fine — could the industry be seeing teams playing a bit of hardball? The Saints deal seems to be more about a disagreement in turnaround time with adidas, but surely eyes will also be watching whether there’s shirt success at St. Mary’s despite a lack of manufacturer branding on the kit.
It wouldn’t bother me one bit if I were a Saints fan, but I’m not one for caring about a shirt brand. Would it stop you from buying a shirt? Perhaps more importantly in the branding world, who absorbs the criticism if the fans don’t like a shirt? In Southampton’s case, there’s little to worry about: Fans have been clamoring for the return of vertical stripes for two seasons, so this is a wise risk from the Saints.
Nov 22, 2014, 10:59 AM EST
Here’s your roundup of the six games that kicked off at 10 a.m. ET.
Nov 22, 2014, 9:45 AM EST
Can the Foxes half their alarming slide as the Black Cats roll into town? Watch live, here.
Nov 22, 2014, 9:41 AM EST
QPR is in the Premier League and needs at least a point to get out, while Newcastle is two points back of the Top Four.
Nov 22, 2014, 9:35 AM EST
City is off the pace to win the league thanks to taking four points from its last available nine, the lone win coming in the Manchester Derby.
Nov 22, 2014, 9:30 AM EST
The Baggies took a point from Chelsea in both match-ups last seasons, and has a win against Chelsea in each of the two seasons before that.
Nov 22, 2014, 9:25 AM EST
Can the Clarets win a second-straight game? Watch live, right here.
Nov 22, 2014, 9:13 AM EST
Will the Toffees continue their good form over the Hammers? Watch live, here.
Nov 22, 2014, 9:05 AM EST
Sterling says he is “happy to play for Liverpool for many years to come.”
Nov 22, 2014, 8:15 AM EST
Wenger: “I welcome people who have played for us to come back but not for just an honorary job.”
Nov 22, 2014, 7:18 AM EST
How and where to watch every single PL game from Week 12 live online or via the app.
Inside Look: Not much separating Red Bulls, Revolution ahead of Eastern Conference Championship, leg 1
Nov 21, 2014, 11:45 PM EST
You could try to use the Red Bulls’ 2014 season to make inferences about what will happen Sunday against the Revs, but it’d be a huge waste of your time.
Nov 21, 2014, 10:30 PM EST
Go ahead and try to be as good as Robbie Keane. Give it your best shot. Good luck, you’re going to need it.
Nov 21, 2014, 9:20 PM EST
Zinedine Zidane can return to coaching after his nonsensical coaching suspension was lifted on Friday. Perhaps “qualified” needs redefining.
VIDEO: Louis van Gaal calls Wayne Rooney “not a typical striker,” praises versatility ahead of Arsenal showdown
Nov 21, 2014, 9:00 PM EST
Louis van Gaal has called Wayne Rooney “not a typical striker,” but a “fantastic player” nonetheless before Arsenal showdown.
Nov 21, 2014, 8:30 PM EST
Where and how to watch every single PL game in Week 12.
Nov 21, 2014, 8:15 PM EST
It’s tempting to look ahead and crown the LA Galaxy MLS Cup champions already. A word of warning: Don’t do it at the Sounders’ expense.
MLS Cup Playoffs Preview: Red Bulls vs. Revolution, Galaxy vs. Sounders in Conference Championship first legs
Nov 21, 2014, 6:15 PM EST
The 2014 season is nearly finished, as the MLS Cup Playoffs resume this weekend. A few facts and stats to excite ahead of Sunday’s action.
Nov 21, 2014, 4:45 PM EST
Dear haters: Jermaine hears you, is not bothered by you and still loves you. Look out, Red Bulls.
Nov 21, 2014, 3:10 PM EST
The English-born coach has had big success in Orlando since the club began play in 2011, winning the regular season title in three of four seasons.
Nov 21, 2014, 2:20 PM EST
Whitecaps FC 2 will compete in metro Vancouver at Thunderbird Stadium inside of the University of British Columbia.
- LIVE – Premier League at the half: Chelsea, Everton, Burnley lead; City even with Swansea 0
- Watch Live: Chelsea vs. West Bromwich Albion (Lineups and Live Stream) 0
- Arsene Wenger suggests Thierry Henry could return to Arsenal as a coach 0
- WATCH: Premier League online via NBC Sports Live Extra – Week 12 0
- Inside Look: Not much separating Red Bulls, Revolution ahead of Eastern Conference Championship, leg 1 1
- WATCH: Premier League TV schedule – Week 12 0