1.7 billion! Nike ends Barça crisis

1.7 billion! Nike ends Barça crisis
1.7 billion! Nike ends Barça crisis

In the last 24 hours it has been reported that Barcelona have finally reached an agreement with Nike on a new sponsorship deal.

The deal was several months in the making and on Saturday it was made official.

In an official statement, Barcelona confirmed that they have launched a “new start” with Nike, with whom they have entered into a “multi-year partnership agreement” which will take effect from this season.

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“FC Barcelona and Nike, two leading brands in the sports industry, are pleased to announce a new beginning with a multi-year partnership agreement, which will come into effect this season, and which brings a new model of collaborative strategic partnership between both organizations.

“This new partnership solidifies Nike as the primary club partner and official technical partner of all professional and amateur teams, bringing a unique model that strengthens brand association and fuels global growth in retail and licensing activities . Nike plays a key strategic role in the club's retail operations and, together with Barça Licensing & Merchandising, will join forces in the development of specific plans related to product creation, supply chain and global distribution . »

Barcelona and Nike have been in partnership since 1998, and their bond will now continue for many years to come.


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