Puma has reached an agreement to replace Nike as the kit sponsor of Manchester City, according to the Daily Mail.
The Daily Mail reported that the agreement is worth as much as £50 million (U.S. $67 million) annually, seen as a a significant increase on the club’s Nike deal. The sponsorship begins in the 2019/20 season. Manchester City are currently at the top of the Premier League in 2017/18.
Puma also sponsors the Arsenal in the Premier League.