Premier League

Newcastle United: Toon could walk away from Castore manufacturing deal

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Journalist Jordan Cronin has suggested that Newcastle United may move back to Adidas as their kit manufacturer amid uncertainty surrounding their current Castore deal.

The Chronicle reported back in October that the club were hoping to hold talks with the British apparel brand after PIF inherited a ‘multi-year’ deal from the previous owners.

The source suggests that the new regime were ‘shocked’ by the budget deals Mike Ashley had cut with Castore, as well as shirt sponsor Fun88.

CEO Darren Eales will hold talks with Castore over the £5m-a-year agreement, and Cronin has admitted that it looks like there could be a change in partnership despite the need for a mutual agreement.

Speaking on the Loaded Mag NUFC YouTube channel, he said: “They haven’t been able to deal with the demand of Newcastle United fans wanting shirts, and there is a possibility that Newcastle will explore an early exit from the Castore deal.

“There’s certainly scope to get Castore out early and maybe go back to having that sentimental feeling of having Adidas on the shirt because obviously, we all remember Adidas from the ‘Entertainers’ years.

“Having Adidas back would be brilliant. Obviously, it’s something that the fanbase would be quite happy with as well.”

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Journalist George Caulkin said this week on the Pod on the Tyne that the Toon are “close to their FFP limitations”, and brokering a fresh deal with a kit manufacturer could go a long way to easing those concerns.

The north-east outfit are also hoping to terminate their front-of-shirt sponsorship with Fun88which is worth £7m annually – a year early at the end of the season.

It is among the lowest revenue-generating kit agreements in the league, and in order to further their development on the pitch, Eales and his board members will have to seek new sponsorship deals in order to ease financial constraints.

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