Wolverhampton Kit Contract Deal with german Sportswear, Adidas was ended in 2020. The deal was reportedly worth £3 million per year. Adidas was replaced by the British sportswear brand “Castore” with the identical Deal worth £3 million per year.
Let’s take a look at the financial numbers behind Wolverhampton Kit Contract Deal with Castore:
|DURATION||5 years (2021-2025)|
|Yearly payments||£3 million|
|Total payment over 5 years||£15 million|
|Any performance-related clauses?||£1 million a year will be added to the yearly deal if Wolverhampton secures the top 4 positions in the Premier League.|
The deal between Castore & Wolverhampton was started from the 2021-22 season. The deal’s total worth is £15 million over the next five years. However, it has the clause of an additional £1 million if the club secures the league position in the top 4.
Also, Castore supplies the club with kits for the players and the non-playing staff. Wolves also manufacture and distribute a wide range of replica products as well as training wear and travel wear.
Wolverhampton Shirt sponsorship deal
Wolverhampton signed a shirt sponsorship deal with Manbetx worth £8m a year in 2019.
With this contract, Wolverhampton terminated a £5m per annum contract with Asian betting company W88.
As per the deal, ManBetX serves as the front-of-shirt sponsor for Wolves’ first team.
Wolverhampton Sleeve Contract Deal
In January 2021, Wolverhampton signed a sleeve contract deal with BITCI.COM a Cryptocurrency trading platform company. The deal is worth £1.5 million per year.