Milan have agreed to sell its Adidas Originals adidas jerseys for around €3 million, according to reports.
The deal was announced by Milan President Andrea Agnelli on Wednesday.
It is believed that Milan have already paid around €1 million for the jerseys, which were first unveiled in 2014.
The jersey will be the club’s first home jersey since their inaugural campaign in 2006.
Milan, which lost the Serie A title to Napoli in the Champions League final last season, will be aiming to improve on their previous title-winning campaign in 2017/18.
The club was already planning a new stadium and new stadium construction, but Agnellis decision to sell the jersey was a huge boost.
It’s a huge step for Milan and a great way to start a new chapter in the history of the club, Agnellsi said.