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Joan Laporta, president of FC Barcelona

ONLY THE 'OK' FROM NIKE IS MISSING FOR THE SIGNING

Record agreement! FC Barcelona closes the negotiation with Nike

Published:8/11/2024 - 22:10h

Updated:8/11/2024 - 22:10h

The FC Barcelona board ratified this Friday the final figures of the agreement with Nike. The new contract for 10 years, until 2038, should be signed in the coming days

Calendar of FC Barcelona

FC Barcelona closed the negotiations with Nike this Friday, after almost a year of intense comings and goings that even had a lawsuit in the middle that threatened to put an end to the agreement signed in 2016, valid until 2028. According to ' RAC1', president Joan Laporta presented the final figures of the agreement to the board of directors through a telematic meeting.

Barça had been earning 60 million euros net (plus bonuses) and, starting this season and until the end of 2027/28, it will have a turnover of 45 million euros more (35 million euros fixed plus 10 million euros renewal bonus), reaching €105M net per year.

However, the bulk of the new culés income from the agreement with Nike will arrive from the summer of 2028. The American multinational will pay 60 million euros more (€50M net plus another €10M bonus), with which the club will earn 120 'kilos' per season until summer 2038.

Barça closes a record contract and secures the future of BLM

The pipe brand will also pay 100 million euros as a renewal premium, which will be paid in installments, at a rate of 10 million euros per season. Nike has been the manufacturer of culé clothing since 1998, making this one of the longest relationships in the world of football.

For Barça, this financial injection, provided for in the budget approved by LaLiga for 2024/25, represents a decisive step to return to the 1:1 rule and resolve the pending registrations of Dani Olmo and Pau Víctor, although the employers You must review the agreement figures to determine whether or not enough 'Fair Play' is released to resolve both operations.

In principle, the Barça board hopes to have the final 'ok' from Nike in the coming days. It will be then that the signing of the new 10-year contract will take place, valid from the summer of 2028 until the end of the 203738 season.

On the other hand, the club managed to retain the entirety of Barça Licensing and Merchandising (BLM), the Barça division in charge of manufacturing all official Culer clothing and items. In this way, Nike will not have any percentage derived from the exploitation of BLM, a key point that ended up delaying the negotiations further.