So Adidas Is Killing Nike? Abramovich’s Chelsea Paid $81.5 Million to Terminate Adidas Deal
Russian billionaire Roman Abramovich’s London soccer team Chelsea paid 67 million pounds ($81.5 million) to end a long-term apparel deal with sporting-goods provider Adidas AG so it could switch to a more lucrative agreement with the German company’s U.S. rival Nike Inc., club accounts published Friday show. Photographer: Darren Walsh/Chelsea FC via Getty Images Source: Abramovich’s…
