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Adidas have been Chelsea’s sportswear sponsor since 2006 and reports say Chelsea will have to pay a termination fee of 40million for initiating the termination agreement.
The conflict came when Adidas gave Manchester united a bigger deal just after 12months Chelsea signed a 30million a year deal in June.
A spokesperson from Adidas’s said:
“We will still continue to partner with the club until June 30 2017 and we look forward to the 2016/17 season together.”
“Adidas AG wishes to expressly thank Chelsea Football Club for their always professional and successful collaboration, which has included, among other successes, the time of their UEFA Champions League title in 2012 as well as two Premier League titles.”
“It’s in line with our strategic business plan where we will sponsor fewer teams in the coming years.”



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