Paris St. Germain Wants To Renegotiate Nike Kit Deal, Cites On, Off-Pitch Success

Nike and PSG agreed to an eight-year extension in January.

Paris St. Germain is in the process of “opening talks” with Nike to see its contract with its kit provider re-evaluated, according to Mohamed Bouhafsi of RMC SPORT. Since the last negotiations, in Dec. ’13, the club “believes that it has progressed” on and off the pitch. PSG officials also “remarked that Chelsea’s contract with Nike” was worth around €78M ($87M) per season. PSG, which beat Chelsea twice in the Champions League, believes that it “deserves a reevaluation without asking for a similar amount,” noting the attractiveness of Chelsea in the Premier League. PSG is hoping for a contract of around €35M-€40M ($39M-$45M). Nike is “not against a reevaluation, but is asking PSG to produce more reasons to open discussions.” The negotiations will be held between PSG Owner Nasser Al Khelaifi and Nike officials (RMC SPORT, 10/4).