AC Milan to Sign Puma Kit Deal

According to Fox Sports Italia, AC Milan is close to agreeing a deal with Puma to become its new kit supplier, replacing Adidas.

Although not officially confirmed yet, Adidas is widely believed to leave the club prematurely at the end of the current campaign.

The report states that offers from New Balance and Under Armour were on the table as well, but that Puma's is the most valuable with an estimated annual value between €10 and 15 million - the current Adidas Milan contract is worth close to €20 million. There's no mention of Nike in the article.

Signing a deal with Milan would be a coup for Puma, whose most partners at the moment are Arsenal and Borussia Dortmund alongside the Italian national team. The brand currently has no major teams under contract in Italy, since leaving Lazio in 2012 and Palermo in 2014.

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