Barcelona getting closer to an agreement with its main sponsor

Date:

Picture shows FC Barcelona's badge displayed on a wall of the Camp Nou stadium in Barcelona on March 13, 2015.
Photo credit should read JOSEP LAGO/AFP via Getty Images

For the next few weeks, one of the tasks that FC Barcelona will have to focus their energies upon is that of generating income that will help them balance their books and thus meet the objective of getting back to the 1:1 rule regarding their fair play.

In this regard, one of the operations that the Catalans are working upon is negotiating with their main sponsor 1998, Nike.

Relations between the two parties were far from the best in the last few months, as Barcelona also undertook negotiations with Puma. The latter organization had made a very powerful offer to replace Nike at Barcelona. Meanwhile, the Blaugranes had also worked to assess the viability of manufacturing and marketing their own clothing brand.

However, the Catalans were forced to reunite with Nike as a court ruled that Barcelona would have to continue working with them as they had a contract till 2028, and they could not sign a contract with another brand or even manufacture their own clothing.

But, luckily, Nike understood that the Blaugrana club needed a better agreement, and thus made an offer of a contract for the next ten years with a renewal bonus of €150 million, and an annual fixed rate that can surpass €100 million.

According to Mundo Deportivo, Barcelona believe that an agreement for this new contract is not far now, but some issues are yet to be solved. Nike also believes that significant progress has been made in this regard, and the negotiations are more advanced than they were some weeks ago.

Nike’s Vice President in Europe, Nicholas Barthes, met Laporta after the Women’s Champions League final in San Mames, but a final agreement is expected to be arrived at only this Thursday when the next board meeting is scheduled.

If the Catalans are able to finalize this deal in the coming days, it would be a significant boost for them ahead of the upcoming summer transfer window as it would help them get back to the 1:1 rule, and remove a significant handicap that has kept the Catalans from strengthening their team.

Ahmad Sarmad Ansari
Ahmad Sarmad Ansari
Ahmad Sarmad Ansari has been covering Spanish football as a writer for Barca News Network for the last one and a half year and as an amateur football fanatic for more than 10 years. He mainly covers on and off-field happenings taking place at Barcelona including transfer news, administrative changes, match reports, and any other eventful news coming out of the club.

Recommended Articles

Related Articles

Fabrizio Romano gives positive update about priority Barcelona target

After a rather long wait, it seems that FC Barcelona are edging closer to their ultimate goal. Following...

Barcelona name their price as Al-Hilal negotiate for €30m forward

To make their desired addition in this summer transfer window, FC Barcelona will have to raise a significant...

Man City’s interest in Dani Olmo should not worry Barcelona for now

It would appear that FC Barcelona are not yet as consolidated in the summer market as they would...

Fabrizio Romano says ‘it’s over’ between Barcelona and ‘highly criticized’ player

The former Barcelona captain, Sergi Roberto, is facing a very peculiar situation regarding his future at the Catalan...

PSG ready for whatever it takes to sign key Barcelona target

FC Barcelona will have to contend with some serious competitors this summer. While the season itself will reveal...

Barcelona seem keen on latest Saudi Arabian offer for €30m player

In this summer transfer window, Vitor Roque will be one of the players with a very uncertain future...

€60m Barcelona target receives offer from Manchester City

It is clear as day that FC Barcelona have no intention of sitting back quietly during this summer....

Injured Barcelona star shares positive message amidst his recovery

FC Barcelona have many injured stars at the moment who are in the process of recovery. As for...

Flick commits to adapting the same style as ‘Cruyff or Pep’ in first Barcelona presser

Today could turn out to be a historic day for FC Barcelona as the new coach, Hansi Flick,...

Hansi Flick ready to ‘wait’ for €25m Barcelona player despite latest injury setback

Ansu Fati was regarded as the next big thing coming out of La Masia. At the age of...

Barcelona looking for another unique kit sponsor – report

With their finances highly strained, FC Barcelona will have to work a lot to be able to make...

Barcelona now cautious of PSG’s interest in key €70m target

It is understandable that Barcelona would not be the only club to pursue the most prominent of summer...