Liverpool win High Court case against New Balance paving way for new Nike kit deal
Liverpool FC have won a High Court battle over a multimillion-pound sponsorship deal with American sportswear giant New Balance.
The club was sued over its alleged refusal to honour the terms of its reported £40million-a-year deal with the company, which expires in May 2020.
Liverpool FC wins court battle with New Balance – paving way for £150m Nike deal
Liverpool Football Club has won a High Court fight with a major US sportswear sponsor, allowing it to unlock a possible £150m deal with Nike from next season.
New Balance went to court over an alleged refusal by the Champions League winners to honour the terms of its current deal, which expires next May.
Liverpool WIN their High Court battle with £30m-a-year kit sponsors New Balance
Liverpool have won a High Court battle against their kit sponsors New Balance, enabling them to take up a lucrative five-year deal with Nike.
Following a three-day trial, the judgment went in favour of the Champions League winners on the grounds that the marketing terms within New Balance’s £30m offer were ‘less favourable’ than Nike’s.
Liverpool win court case as New Balance kit claim dismissed with door now open for Nike
Liverpool have been told they’re free to sign a new kit deal with Nike, following their trial with New Balance.
Judge Teare announced in court on Friday morning that the decision had been made and the claim from New Balance was dismissed.