FC Barcelona signs the biggest sports contract in the history of football

This article was automatically translated from HIBAPRESS, the Arabic version:

Heba Press – Sports

Joan Laporta, president of FC Barcelona, ​​announced the signing of a historic agreement with Nike during the club's extraordinary general meeting on Saturday morning.

Laporta considered this agreement “the best contract in the history of football”, with a financial value of one billion and 700 million euros, with a signing bonus estimated at 158 ​​million euros. The contract between the two parties also extends until 2038.

The new contract included the removal of penalty clauses linked to the team's achievement of certain sporting results, giving Barcelona greater flexibility in the future.

According to the Spanish newspaper “AS”, this contract should help to strengthen the financial stability of the club during the coming period.

Laporta highlighted that the contract with Nike represents an important step in the process of recovery of Barcelona after the difficult financial situation it has experienced in recent years, expressing his thanks to Nike for its support and understanding of the great role that the Catalan club in the world. sports.

He also added that the new contract will guarantee a stable income for the club, thus strengthening its long-term financial stability.

Thanks to the cancellation of the penalty clauses, Barcelona will have greater freedom to plan for the future without worrying about the financial consequences of possible negative results.