Real Madrid and adidas are close to sealing the biggest equipment deal in football history.

According to MARCA, the German sportswear giant have reportedly agreed to a €140million-per-year (£106m) renewal of their Real Madrid contract that eclipses Manchester United’s current record agreement by some 40%.

United last year signed a £750million ten-year contract with adidas that saw them take over the deal from archrivals Nike.

But Real Madrid are not understood to have entertained conversations with any other parties due to a clause in their adidas contract that assured the Herzogenaurach-based brand first refusal.

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