Kylian Mbappé is On the money as he walks away from Nike

The big sports business story from last week was Kylian Mbappé’s decision to part company with Nike after a lucrative relationship that stretched back to when he was just eight, close to 20 years ago.

The Real Madrid man has instead opted to join Swiss sportswear and sports shoe company On, who number Roger Federer among their investors. They are now attempting to get a chunky slice of the football market having made inroads into the tennis world, appointing Thierry Henry as their first director of football.