Press reports revealed that Spanish club Barcelona is close to concluding a huge deal during the upcoming summer transfer period.
According to the Spanish newspaper “Sport”, FC Barcelona, which has been working for years to emerge from its stifling financial crisis, is seeking to sign a new sponsorship contract that will result in financial profits that will revive its treasury and push it out of the circle of economic difficulties surrounding it.
The newspaper added that the club hopes to reach an agreement with the American sports clothing and equipment company Nike, by concluding a new sponsorship deal, which includes greater financial benefits that may put it on an equal footing with its rival, Real Madrid.
Barcelona currently receives 105 million euros annually from the American company, but is negotiating to increase the value of sponsorship by about 15 million euros.
After a period of not reaching an agreement on the terms of the new contract, Barcelona and Nike are close to concluding the new contract, which represents a major deal for the Catalan team.
The newspaper indicated that if the two parties reach an agreement on this value, Barcelona will receive total revenues from Nike worth 120 million euros per year, which makes it equal to Real Madrid, which receives this amount from the German company Adidas.