admina year over five years from the end of 2013/14.
The deal tops Liverpool’s £25m-a-year contract with Warrior and will signal the end of Arsenal’s 20-year relationship with Nike, whose deal is worth £55m over seven years.
Manchester United’s 15-year contract with Nike amounts to £287m.
Arsenal boss Arsene Wenger has already been promised £70m to spend on transfer targets this summer as the club looks to rebuild and strengthen the squad.
Fiorentina’s striker Stevan Jovetic tops the list of targets but his price could go above £20m and that would be new territory for Arsenal.
However, the new kit deal will give them confidence that they can spend big. The Gunners have worn strips supplied by American sports giants Nike since 1994.
But the new deal will be a major coup for Arsenal chief executive Ivan Gazidis on top of the Emirates deal and will strengthen his belief that the club are making major strides forward off the pitch which will enable them to compete for the biggest signings.
German sportswear giants Adidas had also reportedly targeted the Gunners in a move which has been described as a strategic decision to own London. The company, who currently supply rivals Chelsea, also had their sights set on Fulham, who are sponsored by Kappa.
Arsenal’s deal with Puma would leave Nike counting only the Manchester clubs among their Premier League clients when City switch to the American company in 2013.
Manchester City’s current deal with British supplier Umbro, which is owned by Nike, ends at the end of this season.
Nike will now concentrate on Manchester United, Barcelona and the England team. They are also due to renegotiate with United shortly as their current 15-year deal worth £287m is due to expire.
Southampton, who occupy the relegation spots, are the only other team sporting the Umbro emblem.
Wigan are the final Premier League outfit with a British connection. Their kits are supplied by MiFit — a brand heavily linked to Wigan chairman Dave Whelan’s company DW Sports Fitness. — Mailonline
Online Reporter