Liverpool won a court New Balance and got right to contract with Nike
English football club «Liverpool» has won court against company New Balance, which stands now as a technical sponsor of the team, reports the Daily Mail. The decision allows not to renew with the manufacturer of the equipment contract, which expires in may 2020.
In September, New Balance addressed in court with the claim in which has demanded from «Liverpool» to extend the contract signed in 2011. The company insisted that the option of extending the agreement has already been activated by the parties, however, the court recognized the demands of New Balance illegal.
The court’s decision allows the «Liverpool» in the next season of the technical sponsor to contract with Nike. Earlier it was reported that this transaction may be a record in the history of the championship of England on football and to bring to the club over £75 million.
Now the biggest contract with the technical sponsor among English clubs belongs to «Manchester United», which receives £75 million a year from Adidas. Manchester city, who signed at the beginning of the year a 10-year contract with Puma, earns £65 million.
Liverpool FC is the current winner of the Champions League. Last season the team won the tournament final at the London «Tottenham». In the current season of the championship of England «Liverpool» has not suffered a single defeat in the first nine rounds and leads the standings, ahead of the second Manchester city on six points.