Chelsea terminate Umbro contract

Last updated : 20 January 2005 By Paul Lagan
Chelsea has terminated its kit sponsorship with Umbro International Ltd by
mutual agreement.

The contract will now end in June 2006, ahead of the contract end date of June 2011.

Chelsea will make a payment for termination of £24.5 million in June 2006.

Umbro will continue to be the kit sponsor during the club's Centenary season
2005/6 when a new Centenary home kit and celebration products will be launched for the occasion. These products will be unique to the Centenary year.

Chelsea Chief Executive Peter Kenyon said: "The centenary season should be a great celebration for everybody connected with Chelsea and we look forward to Umbro sharing in that.

"They have made a major contribution to the Chelsea of today. However we believe this decision will help us achieve our strategic long-term goals in the future."