Arsenal have announced a new kit sponsorship deal with Adidas, which will take effect from next season.

The agreement, which is worth around £300 million over five years, becomes active from July 1, 2019.

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It is claimed the new deal will bring in double that which they have earned from Puma since 2014, although it is still less than the reported £75m per year Manchester United earn from Adidas.

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Arsenal’s last kit deal with the German sportswear giants was back in the 1993-94 season, two years before Arsene Wenger, the longest-serving manager in the club’s history, took charge.

Arsenal have spent the last five years working with Puma.

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