AC Milan's new deal with Puma is understood to be one of the richest in Serie A.

It's reported it is worth €15m-a-year - making it the second biggest deal behind only Juventus.

Gazzetta dello Sport reports for Milan itis a guaranteed €15m per season.

While the Adidas deal had the potential to be worth €19.7m per season, that was dependent on results and Calcio e Finanza believes the current deal could reach €19m with results on the pitch, and up to €10m for licensing and merchandising.

Both Gazzetta and Calcio e Finanza report this as the second biggest kit deal in Serie A, behind only Juventus' agreement with Adidas which is worth €23m per season.