FRANKFURT - The German football association (DFB) said yesterday that US sports goods firm Nike had offered 500 million euros(about R4,5 billion) as sponsor of the German national team amid a legal row over when the deal with current partner Adidas ends.
FRANKFURT - The German football association (DFB) said yesterday that US sports goods firm Nike had offered 500 million euros(about R4,5 billion) as sponsor of the German national team amid a legal row over when the deal with current partner Adidas ends.
German firm Adidas has sponsored the team since it won the first of its three World Cups in 1954.
The DFB said it would seriously consider Nike's offer for an eight-year deal worth six times more than the Adidas contract and started a legal dispute with Adidas over the duration of its current contract. "I have to represent the DFB's interests," DFB's president Theo Zwanziger said. - Reuters