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adidas Refers Decision to Arbitration Court

Thu, 15 March 07

Herzogenaurach, March 15, 2007 - In the past months, adidas has made every effort to find an amicable solution with the German Football Association DFB. Unfortunately, we were not able reach an agreement. In order to achieve an objective decision in a timely manner, we have decided to take this matter to arbitration, as stipulated in our existing contract with the DFB.

adidas is convinced that the existing supplier agreement with the German Football Association DFB was effectually extended in August 2006 until at least 2014. This has been expressly confirmed to adidas by a group of experts comprised of internal and external specialist lawyers and law professors.

 

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