CCP Celtic Plc

 

TIDMCCP 
 
RNS Number : 7223O 
Celtic PLC 
12 March 2009 
 

 
 
CELTIC PLC 
EXTENDED KIT SUPPLY DEAL 
 
 
Celtic plc ("Celtic") announces that its current kit supply contract with NIKE, 
which is due to expire at the end of June 2010, has been extended for a further 
5 years. 
 
 
The new agreement, between Celtic's wholly owned subsidiary, Celtic F.C. Limited 
and NIKE European Operations Netherlands B.V. ("NIKE"), will commence on 1 July 
2010. 
 
 
In return for the continued grant by Celtic to NIKE of exclusive worldwide 
rights as official supplier of kit and certain ancillary products to Celtic 
Football Club, NIKE will pay Celtic an annual fee plus royalties on NIKE's sales 
of Celtic branded products, with additional bonus payments depending on football 
success. Based on performance during the current contract, fee and royalty 
income under the new arrangements are likely to be similar to the annual GBP5m 
royalty guarantee under the current contract. 
 
 
 
 
Enquiries: 
Robert Howat     Company Secretary                0141 551 4298 
Iain Jamieson,     Public Relations Department0141 551 4235 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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