Manchester United will reportedly unveil a world-record kit deal with Nike worth more £600m to the club over the next 10 years.

The Red Devils, who currently have a contract with Nike worth £23.5m per season, are ready to announce the deal that would see the Old Trafford outfit earn more than £60m annually, The Mirror claims.

Real Madrid's £31m-a-year arrangement with German manufacturer Adidas is currently the largest global deal, while Premier League rivals Liverpool and Arsenal both earn more than United from kit sponsorship.

United have already sealed a shirt sponsorship deal with American car maker Chevrolet, which will pocket the club around £35m per year.