Barcelona remain on course to sign a new sponsorship deal with Nike, which is estimated to be worth more than €1b. Talks between the two have been ongoing for months, but after speculation that Barcelona would consider producing their own kits or sign with Puma, they are set to remain with the American giants.
According to MD, Nike believe that a deal is closer than it was a few weeks ago, although Barcelona still have several details that they are keen to sort out. It was reported in April that the pair were closing in on a €1.3b deal for the next decade of sponsorship. After a court ruled that Barcelona could not break their current contract with Nike, running until 2028, Barcelona were forced back to the negotiating table. Over the weekend Barcelona President Joan Laporta spoke with his Nike counterpart Nicholas Barthes in Bilbao, with both attending Barcelona’s 2-0 victory over Olympique Lyon in the women’s Champions League final. The talks were positive.
As part of the reported deal, Barcelona are seeking a €100m signing bonus, which notably would cover their projected losses on the sale of 49.5% of Barca Vision, with €40m outstanding and €60m due by the end of June, but few expect it to be paid. That date also signifies the delivery of Barcelona’s accounts, and filling that hole in their balance sheet represents a major priority for the Barcelona board in order to avoid huge losses and move towards their salary limit this summer.
The post Barcelona still moving in the right direction for Nike deal in excess of €1b appeared first on Football España.
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