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Manchester City are on the verge of opening talks with Nike to renegotiate the club’s £12 million-a-year kit deal with the American sportswear giants. Having signed their agreement with Nike in April 2012, the Premier League champions still have three years left to run on their current deal.

But with the club winning two Premier League titles and a Capital One Cup since linking up with Nike, and also establishing themselves as regular Champions League participants, City’s commercial value has grown and the club are ready to exploit their enhanced status by negotiating a package which better reflects their status.

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