German sportswear company Puma AG and Italian soccer club Lazio on Thursday extended their kit deal.

The pair said the "long-term" extension to their original 1998 deal will see Puma supply the Serie A giants with all on field, sideline, training and representation apparel and accessories.

"In this new equipment supplier agreement, existing contractual payments amounting to two million euros will be paid for in kind through an equity investment in Lazio", Puma said in a statement.