Celtic to Sign New Balance Kit Deal?

New Balance will become the Celtic FC kit supplier from the 2015-16 season, replacing long-term Celtic shirt supplier Nike.

Update 04/03/2015: It's reported that Celtic will announce the New Balance Kit Deal on March 5, 2015. The New Balance Celtic Jersey Sponsorship deal will be worth £29m over five seasons (£5.8m / season). The previous Celtic deal with Nike was worth £5m / season.

New Balance to become Celtic FC jersey supplier?

In 2009, Celtic and Nike signed a 5-year kit deal which came into effect in July 2010, and will expire in Summer 2015. Nike has been Celtics' kit supplier since 2005. There is no sign of Nike and Celtic renewing their long-term partnership.

In early February 2015, New Balance fuelled previous rumors that the iconic brand will kit out Celtic from the 2015-16 season on Twitter.

On February 4, New Balance officially entered the football market with an event in London and New York featuring New Balance players like Tim Cahill, Aaron Ramsey and Adnan Januzaj.

New Balance is the parent company of Warrior. Therefore, New Balance will produce the new Liverpool, Porto, Seville and Stoke City 2015-16 Kits.