Turkish giant Fenerbahce could be leaving Adidas to sign with Under Armour, according to reports from Turkey. The current deal between
Fenerbahce to Leave Adidas?
The current deal with Adidas is valid until 2019.
Originally signed in 2004 and upgraded to $8.5m / season in 2014, the contract between Adidas and Fenerbahce's football team will run until 2019. The same is true for that between Fenerbahce's basketball team and Nike.
Rumor has it that Under Armour, through its Turkish distributor, Doğuş Group, is interested in becoming official supplier for both sports from 2019. Amid claims from Adidas that the current deal could not be renewed due to a disappointing return of investment for the three-stripe brand, these rumors don't seem to far-fetched at all.
According to the reports, it might even be possible that such a switch could happen earlier, which would point to the summer of 2018.
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