Typography

 

 

The England team will continue to wear Umbro branded shirts even if, as now looks certain, Nike succeed in a takeover bid

Umbro, the maker of the England football team's kit, has agreed to be bought by US sportswear giant Nike in a deal worth £285m ($580m).

Nike said the deal would allow it to "significantly expand" its presence in "a key growth category" for the firm. As well as providing kit for the England team, Umbro also supplies the kit for six Premier League clubs. The Football Association said Nike had assured it that the FA's relationship with Umbro would be protected. Manchester-based Umbro said last month that sales of England tops had been "disappointing", and analysts are concerned that sales could suffer if England fail to qualify for next year's European Championship.

Defensive moves

Speculation had been rising that Nike was set to launch a bid after Umbro said last week that it had received an approach about a possible offer.

On Friday, retailer JJB Sports bought a 10.1% stake in Umbro in a move to protect its stake in the market for England football shirts.

The owner of rival retailer Sports World, Sports Direct International, already owns a 15% stake in Umbro.

In addition to the England team, Umbro also provides kit for the Republic of Ireland, Northern Ireland, Norway, and Sweden.

In the Scottish Premier League, Umbro supplies kit to Rangers and Hearts.

 

'Excellent deal'

Under the terms of the offer, Umbro shareholders will receive 193.06p for each share. In Tuesday afternoon trade Umbro's shares were up 25.5p, or 15.5%, at 190.5p.

The chief executive of Umbro, Steve Makin, said the offer was an "excellent deal" for shareholders.

"We will be a stronger and better business as part of Nike and this deal will allow us to accelerate our existing growth strategy by leveraging Nike's global resources and expertise," he added.

Brian Barwick, the chief executive of the FA, said: "We are delighted that the proposed acquisition will allow us to continue our strong historical relationship with Umbro while benefiting from the marketing expertise and financial strength of Nike."

"Nike has provided firm assurances that the FA relationship with Umbro will be protected and enhanced, and we look forward to working closely with both companies moving forward," Mr Barwick added.

 

'World class brand'

Nike began moving into football in the early 1990s and has been steadily expanding its share of the market, catching up with German rival Adidas.

"There is an ongoing battle between Nike and Adidas to sign up the very top teams," said Nigel Currie, director at sports brand experts Brand Rapport.

"From a marketability point of view, the Nike brand is very appealing to top clubs and international federations," he added.

In its offer document, Nike said Umbro was "a world-class, authentic football brand, with well established positions in key growth markets and a deep football heritage".

"As such, Umbro is highly complementary to Nike's existing football business and it is intended that it will operate as an independent, UK headquartered Nike affiliate," the US firm said.

 

Comments (8)

  1. fsc

Aslong as the Umbro Diamond remains on the England Shirt and doesn\'t get replaced by the Nike Swosh I can live with it.<br /><br />True the current Eng Home has a horrible template and a boring design(which appart the results) is a major factor why it isn\'t selling that good btw.

 
  1. fsc

I hate that. Out of all the big sports companies I liked Umbro and Adidas, and I hate Reebok and NIke, why couldn\'t Adidas buy Umbro and Nike buy Reebok?

 
  1. fsc

They are buying a lot of football knowledge and history with this (bargain?)deal. Don\'t think they are going to put a Nike swoosh on a umbro kit, but probably some big Umbro teams going to change to Nike in the following seasons. :idea: Good point kolja..it\'s better when you turn it around. For some reason I think of football when I hear the names Adidas and Umbro. When I hear Nike or Reebok I think of .. Running..

 
  1. fsc

hi there i think buisness will boom big time if nike sponser england in football they sponser them in rugby and shirts go like crazy umbro is boring and it has no stlye nike yes please it will make a big diffrence in the team and in the fans umbro are out of date all the shirts theyve made for england in the past have always been the same plan and ugly white if it fits the market it will sell

 
  1. fsc

adidas bought reebok last year!

 
  1. fsc

nike have been eyeing the england contract for years. They even producted a prototype. Its code name:<br /><br />Inter Milan Away 07/08

 
  1. Guest

reebok do not use that logo anymore, they&#039;ve gone from their hi tech buisness to old fashin sh*t

 
  1. mark coackley

Yeah i know but i like it better !!

 
There are no comments posted here yet

Leave your comments

Posting comment as a guest. Sign up or login to your account.
Attachments (0 / 3)
Share Your Location
Type the text presented in the image below

LATEST FOOTBALL KITS

Birmingham City 2018-19 Adidas Away Kit

Birmingham City 2018-19 Adidas Away Kit

Birmingham City will adorn a yellow away shirt for the first time in five years during the 2018/19 season. Designed by adidas, the away shirt uses…
Bradford City 2018-19 Avec Sport Third Kit

Bradford City 2018-19 Avec Sport Third Kit

Bradford City AFC revealed the new 18/19 third kit by Avec Sport. The 18/19 third shirt by Avec Sport is exclusive to Bradford City FC and features a…
Bradford City 2018-19 Avec Sport Away Kit

Bradford City 2018-19 Avec Sport Away Kit

Bradford City AFC revealed the new 18/19 away kit by Avec Sport. The 18/19 away shirt by Avec Sport is exclusive to Bradford City and features a…
Sheffield United 2018-19 Adidas Away Kit

Sheffield United 2018-19 Adidas Away Kit

Sheffield United have unveiled their new away kit for the 18/19 season. With a continuation of the club's partnership with kit supplier adidas,…
Lazio 2018-19 Macron Home Kit

Lazio 2018-19 Macron Home Kit

Macron and S.S.Lazio are proud to present the historic 'flag shirt' as the new home shirt for 2018-2019. A shirt that has been voted by many as being…
SM Caen 2018-19 Umbro Away Kit

SM Caen 2018-19 Umbro Away Kit

This is the new Stade Malherbe Caen 18/19 away football shirt by Umbro. The new away kit will be used during the 2018–19 Ligue 1 season, which will…
SM Caen 2018-19 Umbro Home Kit

SM Caen 2018-19 Umbro Home Kit

This is the new Stade Malherbe Caen 18/19 home football shirt by Umbro. The new home kit will be used during the 2018–19 Ligue 1 season, which will…
Coventry City 2018-19 Nike Away Kit

Coventry City 2018-19 Nike Away Kit

Coventry City’s new away kit for the 18/19 season has been unveiled. The new Coventry City FC 18/19 Away Shirt is made of Nike Dry fabric, designed…
Scunthorpe United 2018-19 FBT Away Kit

Scunthorpe United 2018-19 FBT Away Kit

Scunthorpe United unveiled the brand new 2018/19 away kit which has been modelled by club legend Alex Calvo-Garcia The brand new FBT designed and…
Wolfsburg 2018-19 Nike Away Kit

Wolfsburg 2018-19 Nike Away Kit

This is the new VfL Wolfsburg 18/19 away football shirt by Nike. The new away kit will be worn during the 2018–19 Bundesliga, which will be the 56th…
Wolfsburg 2018-19 Nike Home Kit

Wolfsburg 2018-19 Nike Home Kit

This is the new VfL Wolfsburg 18/19 home football shirt by Nike. The new home kit will be worn during the 2018–19 Bundesliga, which will be the 56th…
Liverpool 2018-19 New Balance Third Kit

Liverpool 2018-19 New Balance Third Kit

Liverpool FC and New Balance have launched the team's new third kit for the 2018-19 season. The 2018-19 third kit pays homage to fan favourite kits…
Wigan Athletic 2018-19 Puma Home Kit

Wigan Athletic 2018-19 Puma Home Kit

Wigan Athletic’s new 18/19 Puma home kit has been revealed. A play on Latics’ classic home kit of 1995-98 – the era when Dave Whelan bought the club…
Fulham 2018-19 Adidas Away Kit

Fulham 2018-19 Adidas Away Kit

Fulham unveiled the club’s new 18/19 Adidas Away kit which will carry the Dafabet logo displayed on the front of the playing shirts worn by the First…
Fulham 2018-19 Adidas Home Kit

Fulham 2018-19 Adidas Home Kit

Fulham unveiled the club’s new 18/19 Adidas Home kit which will carry the Dafabet logo displayed on the front of the playing shirts worn by the First…
Cagliari 2018-19 Macron Away Kit

Cagliari 2018-19 Macron Away Kit

Cagliari Calcio and Macron have unveiled the 2018/19 away kit. The main colour of the Cagliari away match shirt is white, to which subtle red and…
Hajduk Split 2018-19 Macron Home Kit

Hajduk Split 2018-19 Macron Home Kit

Hajduk Split and Macron have unveiled the new home shirt that the “Whites” of Split will wear during the new edition of the Europe League, the…
Newport County 2018-19 FBT Football Kits

Newport County 2018-19 FBT Football Kits

The prominent three-striped design that features on both the Newport County 18/19 home and away kits this season is reminiscent of the iconic design…
AC Milan 2018-19 Puma Away Kit

AC Milan 2018-19 Puma Away Kit

AC Milan revealed their new Puma away kit for the 18/19 season. The away shirt comes in the legendary white that has adorned the backs of legends…
Newcastle United 2018-19 Puma Away Kit

Newcastle United 2018-19 Puma Away Kit

Newcastle United have revealed the club's new Puma away kit for the 2018/19 season. Launched under #TheFabricOfNewcastle banner, the kit is a…