Chelsea have confirmed their new shirt deal with Nike, which is worth £60 million a year, and will last for the next 15 years.
The deal, worth an incredible £900 million, is the largest commercial deal in the history of the club.
Chelsea director Marina Granovskaia said: “This is an incredibly exciting and important deal for the club.
“Like Chelsea, Nike is known around the world for its excellence and innovation and we look forward to working together in what is sure to be a successful partnership.
“We believe Nike will be able to support our growth into new markets as well as helping us maintain our place among the world’s elite football clubs.”
Chelsea are currently on contract with Adidas, but reports claim that the club paid around £40 million in May to part ways with Adidas, 6 years earlier than expected.
The Blues’ kits have been manufactured by Adidas since 2006. The initial contract with Adidas was expected to run from 2006 to 2018, but the deal was extended in 2013 for a further 10 years.
It was reported in May that Chelsea had terminated their contract with Adidas, although it was still uncertain about who the new sponsor would be.
Trevor Edwards, president of the Nike brand, said: “Chelsea is a world-class club with a rich tradition and passionate fans across the globe.
“The partnership with Chelsea reinforces our leadership position in football. We are excited to help grow the club’s global reach, serving players and supporters with Nike innovation and design.”
Adidas will continue manufacturing shirts for the club until the end of this season.
Manchester United are still the top earners with their Adidas shirt deal, bringing in £75 million a year. Arsenal are behind Chelsea, earning £30 million a year from their deal with Puma.
Chelsea also recently completed a sponsorship deal with Yokohama, which earns them £40 million a year.