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 ÂŁ2m if Liverpool reach the final of the Champions League and ÂŁ4m 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.