Adidas ties down Lyon until 2025
Adidas, the German sportswear giant, has extended its kit supply deal with Lyon, of French soccer’s top-tier Ligue 1, until the end of the 2024-25 season.
The pair first teamed up ahead of the 2010-11 season with a 10-year contract worth a reported €100 million ($114 million), as Adidas replaced UK sportswear manufacturer Umbro.
The agreement continues to cover the senior men's and women's teams, as well as all age grade teams.
Lyon did not divulge financial terms of the deal, but said it had been renewed on "an improved basis."
Lyon will receive an annual basic fee from Adidas, and will get bonus payments related to the number of Lyon-Adidas products sold and the club's results in domestic and European competition.
Lyon presently sit fourth in Ligue 1 and are competing in the Uefa Champions League.
Adidas added Ligue 1's Strasbourg to its portfolio ahead of the 2018-19 season, but lost the Marseille contract to Puma.
• Puma has signed up Manchester City star David Silva as a brand ambassador.
The Spanish midfielder is switching from Adidas, and will wear specially-designed Puma One boots.
Other Puma signings in 2018 have included Luis Suarez of Barcelona and Uruguay and Romelu Lukaku of Manchester United and Belgium