Nike and Italian Serie A football club F.C. Internazionale Milano (“Inter”) have announced a new contract that will run until 2031. The partnership has been in place since 1998, one of the longest-lasting in European football. The new contract is reportedly worth €29 million – €26 million plus up to €3 million from the sales of the products. The previous deal was worth €12.5 million per season plus sales bonuses. Nike will continue to design the training and match kits for Inter’s men’s, women’s and youth teams as well as the lifestyle collections designed to connect fans around the world to the Inter brand.