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NFF SIGNS $750,000.00 DEAL WITH NIKE

The country’s new kit deal with world leading brand, NIKE, is worth $750,000 in the first year, the Nigeria Football Federation (NFF) has revealed.

According to the NFF, the contract signed at The Soho Hotel, Richmond Mews, London, on Thursday also guarantees an increase in the value of the contract in the second year, with the American company committed to supplying kits to the value of $1 million to the Nigerian national teams.

NIKE will also supply kits worth $1million to Nigeria in the year 2017 and 2018.

The three-and-half year contract was signed by NFF President, Amaju Pinnick and General Secretary Mohammed Sanusi, with Tina Salminen, NIKE’s African Football Sports Marketing Director, representing the American company.

According to the NFF, any of the national teams that qualifies for a major international championships will earn other bonuses. Thus, the Super Eagles will earn up to $500,000 at the 2018 FIFA World Cup finals in Russia.

“We are comfortable with the contract because NIKE came across during the negotiations as being fluid and ready to listen to our demands. That is always the key aspect; you always need a partner with a listening ear.

Source:www.ngrguardiannews.com