Real Madrid could sign a new kit deal even greater than those of Manchester United and Barcelona
Real Madrid's kits are currently made by Adidas, who pay the club £34million a year to produce their shirts.
But reports in Spain claim Real want to back out of that contract, which lasts until 2020, in order to sign a mega deal with American firm Under Armour.
Biggest kit deals in football
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13. Manchester City – City’s deal with Nike is worth £15m a year (2013-2019)
According to Spanish newspaper Marca, Real are negotiating a £127m (€150m) annual kit deal with the US company.
Under Armour already produce shirts for Tottenham, with £25m a year to the north London club.
Were Real to sign the fresh deal it would trump both Barca and Manchester United's kit deals, which were said to be groundbreaking at the time.
United agreed a £75m-a-year contract with Adidas to supply their kits until 2025.
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Adidas currently produce Real Madrid's kits
Nike produced Manchester United's kits until 2015
That 10-year deal incorporates a clause that states Adidas can withhold £20m of the annual payment if United do not qualify for the Champions League in that said season.
As for Barcelona, they were the first club to break the £100m-a-year barrier when Nike agreed to a 10-year deal, which begins in 2018.
Nike will also produce Chelsea's kits in a £70m-a-year deal from next season.