The FA will receive £400 million from Nike
According to Sky Sports, the Football Association has agreed a contract with Nike for 12 years. The FA will receive 400 million pounds. The partnership extension should be announced in the nearest future.
The most noteworthy is that the parties signed a five-year contract in 2013, expiring right after the 2018 World Cup.
Thus, if the England national team will not be able to progress into the big football tournament (World Cup and Euro), they should probably expect some penalties.