Liverpool Secure Record Kit Deal
Liverpool have secured the biggest kit deal in English football history, the £25 million-a-year contract with Boston-based Warrior Sports more than doubling the Anfield club’s present agreement with adidas.
The Times understands that Warrior, a subsidiary of New Balance, will take over production of Liverpool kits in time for the 2012-13 season. Adidas, which launched a new away kit last week as part of its £12 million-a-year contract with the club, had the chance to match the offer but was not prepared to meet the American company’s price.
The link between Liverpool and Warrior is believed to be a long-term relationship and outstrips the £23.3 million per year that Nike pays Manchester United, the previous British record.
John W. Henry, the Liverpool owner, has insisted since taking over at Anfield in October that the club would only spend money that it generates. With Liverpool unlikely to qualify for the Champions League this season, some had questioned their ability to compete in the transfer market.
However, the agreement with a brand better known in the lacrosse world would appear to have solved the short-term cashflow problems caused by failure to qualify for Europe’s premier club tournament.
Sources inside Anfield have been increasingly bullish about their summer spending power and Kenny Dalglish is likely to have a considerable war chest when the transfer window opens.
Although the Liverpool caretaker manager believes that the crop of youngsters emerging from the academy has the potential to continue making a positive impression on his squad, he maintains that investment is necessary during the close season if the club are to become competitive again.
“It’s important that there is room for development for players, but it’s also important you don’t use it as an excuse not to spend money and not improve what you’ve already got,” Dalglish said.
“Age does not determine their ability to play. So if we’re convinced we have young players who are maybe better than what’s available, then we’ll keep our younger players.
“But that does not say we don’t want to improve as a football club. We do need to leave some path open if we do think there are players who can come in. If they develop then fine, if they don’t, we’ve got a problem. But if you buy a player in and he doesn’t produce, you’ve got a bigger problem.”
According to PR Marketing, a German market research company, Liverpool are the fourth-biggest replica kit seller in football, behind United, Real Madrid and Barcelona. About 900,000 shirts are sold annually and, in the adidas stable, only Real sell more jerseys. Liverpool’s defection has come as a huge blow to the manufacturer.
Fenway Sports Group (FSG), Liverpool’s owner, has in recent months become increasingly close to Jim Davis, the chairman of New Balance. This month New Balance, previously best known for its running shoes, announced a multiyear partnership with the Boston Red Sox, who share the same owner as Liverpool. Along with a kit deal, New Balance is thought to have paid in the region of $1 million (about £600,000) for a 70-foot illuminated logo inside Fenway Park, the home of the Red Sox.
United’s groundbreaking 13-year deal with Nike expires in 2015 and the Old Trafford club will expect an even bigger cheque when the time comes to negotiate with kit manufacturers.