​Tottenham Hotspur have agreed a £25m-a-year deal with sports giant Nike to manufacture their kits, according to reports.





The announcement comes courtesy of ​The Times newspaper, which states that Nike will produce Spurs' new kits from 2017 onwards.

Tottenham's current strips are produced by American-based clothing company Under Armour, who pay the White Hart Lane-based club around £10m per year.





However, that deal is said to only run until the start of the 2018 campaign, and Tottenham will look to begin working with Nike instead.





The deal with Nike, however, is still some way short of the fees that other top Premier League clubs are able to attract.

Manchester United earn £75m per season with their kit manufacturers Adidas, while London rivals Chelsea recently agreed to a £60m-a year-deal with Nike as well.





The Times also states that the funds received from the deal with Nike will go towards the costs of building their new stadium.





The Lilywhites plan to redevelop current ground White Hart Lane and increase its capacity to around 61,000.





Work is expected to be completed in time for the 2018/19 season, and plan to help fund the redevelopment using the new Nike kit agreement.







Times reporter Gary Jacobs writes: “Tottenham plan to fund their new stadium using a combination of a loan and commercial income.





“They have agreed a £25m-a-year deal with Nike to become their shirt manufacturer from 2017 and are aiming to receive the same sum per season from naming rights of their new ground.”

Spurs also plan to use Wembley, England's national stadium, for their Champions League matches in 2016/17.





Attendances will be capped at 58,000, with capacity limits rising to 90,000 if Tottenham encounter a European giant at some stage next term.





The Times finally adds that Spurs will look to pay the FA £25m for the privilege of using Wembley during that time.

