As part of their five-year deal with Nike - which was signed in 2020 - the sports goods manufacturing company are obligated to pay out if the team win the Premier League. Nike will also pay another £2m if Liverpool reach the final of the Champions League and £4m if they win the European title in Munich on May 31. In the Champions League, the six-time winners are scheduled to face Paris Saint-Germain in the first leg of their round of 16 fixture in the French capital on March 5.