Barca Hope to Formalize New Contract with Nike within 15 Days: Mundo Deportivo

On September 19, according to reports from the Spanish media outlet Mundo Deportivo, Barcelona hopes to formalize a new contract with Nike within 15 days.

Barca Hope to Formalize New Contract with Nike within 15 Days: Mundo Deportivo

The report states that Barcelona and Nike are continuing negotiations to sign a new official technical sponsorship contract for the professional team’s apparel. Improving the terms of this contract and expanding its scope is a goal of the board of directors under President Laporta. If the new contract is signed, Barcelona will meet the La Liga Fair Play standard of 1:1 and be allowed to use all the revenue for transfers.

It is understood that Barcelona is seeking an agreement for at least 10 seasons, with revenue exceeding $90 million per season, a “signing bonus” exceeding $100 million, and they hope to retain the BLM (Barcelona Licensing & Merchandising) property at all costs. Nike, however, hopes to recover at least a certain percentage of it.

Barca Hope to Formalize New Contract with Nike within 15 Days: Mundo Deportivo. Author:Sports UEFA.Please indicate the source when reproduced:https://www.sportsuefa.com/football-world/47493.html

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