Germany to switch from Adidas to Nike?
BERLIN, Dec 8 (Reuters) - The German Football Association (DFB) has received an offer worth 56 million euros ($75 million) a year from Nike to switch allegiance from long-time equipment supplier Adidas, a German sports newspaper reported on Friday.
Kicker newspaper said Nike had offered the DFB 400 million euros for an eight-year deal from 2011 plus a 50 million euro signing bonus on top.
The German FA (DFB) confirmed it had received a 'very interesting offer' from Nike for the period after its contract with Adidas expires at the end of 2010 but declined to provide further details.
Germany have won three World Cups wearing Adidas boots and have enjoyed close ties to the Bavarian sportswear maker since founder Adi Dassler helped them win their first world title in 1954 with his revolutionary screw-in studs.
'It's a highly interesting offer from the business point of view,' said Werner Hackmann, president of the German football league (DFL) that represents professional clubs in the DFB who would also get a share.
DFB president Theo Zwangziger presented the Nike offer to the association's executive board last week.
'Theo Zwangziger informed the DFB executive that the association has received a very interesting offer from Nike,' DFB spokesman Harald Stenger said in a statement.