The president of the Brazilian Confederation of Soccer, Ricardo Teixeira claimed on Sunday that he plans on renegotiating the deal with the team sponsor, Nike.
The interest in the renegotiation of the fabrication of athletic apparel comes after France signed a deal with Nike that is worth nearly three times that of Brazil's.
"When the contract with the sponsor was readjusted to 22 million U.S. dollars per year, we agreed that we would again discuss a new contract when the sponsor added another country to the list of recipients," said Teixeira. The president of Brazilian soccer claimed that he plans on meeting with the directors of Nike in the next couple of days.
Nike signed a deal with France that would pay more than 61.5 million dollars per year to dress their national soccer team in their apparel. Teixeira stated that this information will serve as ammunition for his discussion with Nike. According to the president of Brazilian soccer, the deal signed for 22 million dollars was made in March of 2007 and would come into effect in 2008.
Teixeira hinted that he has been in contact with representatives from Adidas who were recently in Sao Paulo. However, he denied that Nike's competition in athletic apparel went after the Brazilian Confederation of Soccer to seek any sort of deal. "The Brazilian soccer team is a world favorite. Everyone wants a piece of it," said Teixeira.
http://news.xinhuanet.com/english/2008-03/03/content_7706850.htm
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