Man City To Open Kit Deal Renegotiation Talks With Nike

English Premier League Club Manchester City are reportedly "on the verge of opening talks with Nike" to renegotiate the club's £12M ($18M)-a-year kit deal, according to report by Telegraph.

The Premier League champions still have three years remaining on their contract with the American brand.

The new development is reported to have been as a result of the Club's success in the last two years which has made its commercial value grow.