"Arsenal" club signed a record-breaking contract with "Puma" © EuroFootball.com

For twenty years, the London "Arsenal" team, which wore "Nike" shirts, has signed a contract with a new sponsor. Arsene Wenger's players will now wear "Puma" kits. The value of the "Arsenal" and "Puma" deal is 170 million pounds.

For the next five years, "Arsenal" will receive over 30 million pounds per season.

The contract between "Arsenal" and "Nike" will expire at the end of the current season. It is reported that "Nike" wanted to extend the agreement, but negotiations broke down after failing to reach an agreement at the first attempt.

This news is particularly exciting for "Arsenal" fans, who hope that A. Wenger will use the millions to aim for the Premier League title.

This is the biggest contract in the Premier League.