Crystal Palace Kit Contract Deal with German sportswear brand Puma worth £4m a year. The German sports manufacture Giant was announced as the official kit supplier for Crystal Palace in 2018. However, the deal was commenced from the start of the 2018/2019 season.
Let’s take a look at the financial numbers behind Crystal Palace Kit Contract Deal with Puma:
|Duration||5 years (2018-2023)|
|Yearly payments||£4 million|
|Total payment over 5 years||£20 million|
|Any performance-related clauses?||£2 million a year will be added to the yearly deal if Crystal Palace qualifies for the Champion League.|
In May 2018, Puma replaced the Italian brand Macron, who was the club’s official kit supplier for the last four seasons. The kit deal is worth £20 million in Total payment over 5 years.
Furthermore, Puma also serves as the official partner for the club’s replica jersey and merchandise ranges.
Crystal Palace shirt sponsorship deal
Crystal palace signed a shirt sponsorship deal with Asian betting brand “W88”. The deal will give Crystal Palace a solid £5 million a year.
Let’s see the contract details:
|Duration||5 years (2020-21 season to 2024-25)|
|Yearly payments||£5 million a year|
|Total payment over 5 years||£25 million|
|Any performance-related clauses?||£1 million a year will be reduced into the yearly deal if Crystal Palace gets relegated from the Premier League.|
In August 2020, W88 becomes the official shirt sponsor for the club. The deal is worth £25 million in Total payment over 5 years.
With this deal, W88 replaced ManBetX as the front-of-shirt sponsor on Crystal Palace’s matchday kits. However, the ManBetx deal was worth £6.5m per year