Scottish football team Rangers have secured a £20 million kit deal with sportswear brand Castore. This is said to be the first team kit partnership for Castore, a Liverpool-based retailer whose clientele includes tennis champion Andy Murray (who is also a shareholder).

The five-year deal will bring the Glasgow-based team £4m a season, according to sports marketing consultancy sportcal. The deal comes as a contract with Sports Direct owner Mike Ashley reaches an end in July. The Scottish Sun said the company expects to sign its first football deal in time for the 2020/21 football season.

Castore was founded five years ago by brothers Tom and Phil Beahon. In February, the company forecast annual revenues of £37 million in 2020.

Share this story: