BREAKING: The new contract with Nike will last until 2038 and have a total value of €1.7B

Barcelona are on the verge of signing off on a world record kit sponsorship deal with Nike, solidifying their position as a leading force in the footballing world.

The Catalan giants have been engaged in extensive negotiations with the US sporting superpower since the onset of 2024, as they look to renew and enhance their existing sponsorship agreement. This deal is not just about numbers; it represents a significant partnership that reflects the ambitions and global reach of both entities.

In recent weeks, discussions have intensified, culminating in a crucial board meeting this morning, where members of the Barcelona board confirmed a key step in the negotiation process. Reports from Mundo Deportivo indicate that the board voted unanimously to ratify the agreement with Nike. Notably, this ratification follows verbal confirmations made between both parties back in September, illustrating a shared commitment that has developed over time.

While the exact financial figures are yet to be finalized, club president Joan Laporta has reportedly affirmed that a solid agreement is in place, with Nike’s final confirmation serving as the last piece of the puzzle. This immense deal is anticipated to set a new benchmark in football sponsorship, estimated to be worth a staggering €1.7 billion spread over 14 years. This translates to approximately €121 million per year for Barcelona, a figure that underscores the high value of their brand and reach in the market.

Furthermore, this new agreement represents a significant increase in financial support for the club. The expected increase of around €48 million until 2028, followed by a step up to between €58 and €60 million from 2028 to 2038, showcases how this partnership will evolve over time, adapting to the needs and ambitions of both parties.

In addition to the yearly earnings, Barcelona will receive a substantial €158 million signing bonus as part of their agreement with Nike. This injection of capital will undoubtedly have positive implications for the club’s finances, allowing them to invest in key areas such as player acquisition, infrastructure improvements, and enhancing the overall experience for fans.

In total, the club is set to receive an extraordinary €1.7 billion from this sponsorship deal over the next 14 years, amounting to an average of €127 million per year. This monumental agreement not only enhances Barcelona’s financial stability but is being hailed as a historic milestone in the world of football sponsorship, potentially redefining the landscape for clubs looking for lucrative partnerships in the future. Such a deal not only signals Barcelona’s intent on the pitch but also reinforces their stature off the pitch, ensuring that they remain at the forefront of global football.

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