FC Barcelona announced the conclusion of a new agreement with the American equipment manufacturer Nike, a partnership which could reach 1.7 billion euros by 2038, the Spanish press reported on Saturday.
“Barcelona and Nike, two leading brands in the sports industry, are pleased to announce a new start with a multi-year partnership agreement, effective from this season,” Barça wrote in a statement, while the previous agreement was set to expire in 2028.
However, FC Barcelona did not reveal the duration of the agreement or its amount, but, according to the press, it could bring the club 1.7 billion euros and would extend until 2038. Nike has been manufacturing the jersey and other outfits of the Catalan club since 1998.
The Spanish club attempted to terminate its previous contract with Nike earlier this year, but was prevented from doing so in July by a Spanish court specializing in commercial law.
FC Barcelona has been experiencing financial difficulties for several seasons. In 2022, he sold 25% of his TV rights for the next 25 years to the American investment fund Sixth Street.
With MAP
Morocco