However, Liverpool successfully argued New Balance were unable to match Nike's offer in relation to the marketing and distribution of products, with a High Court judge ruling in the club's favour.
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FREE TO WATCH: Highlights from Liverpool's win over Sheffield United in the Premier League
Speaking on the new partnership with Nike, Liverpool's managing director and chief commercial officer, Billy Hogan, said: "Our iconic kit is a key part of our history and identity.
"We welcome Nike into the LFC family as our new official kit supplier and expect them to be an incredible partner for the club, both at home and globally as we continue to expand our fan base.
"As a brand, Nike reflects our ambitions for growth, and we look forward to working with them to bring fans new and exciting products."
Liverpool, Chelsea and Tottenham are among the clubs monitoring Brighton defender Ben White during his current loan at Leeds.
Ben White has become a Leeds regular during his spell on loan from Brighton
The three Premier League sides are believed to have been scouting him at recent matches, with the 22-year-old having become a regular in Marcelo Bielsa's side this season, making 25 Sky Bet Championship appearances and two in the Carabao Cup.
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