Financial reports from La Liga teams or independent financial analysis firms

FC Barcelona Ratifies Historic Sponsorship Agreement with Nike Until 2038, 419 Votes in Favor, No Penalties for Titles

Dec 21, 2024, 10:53 AM

The FC Barcelona board held an extraordinary assembly where members voted on a new sponsorship agreement with Nike. Club President Joan Laporta presented the contract, emphasizing its historical significance and the absence of penalties for not winning titles. The assembly was conducted online, and despite some opposition regarding transparency, the contract was ratified with 419 votes in favor, 27 against, and 22 blank votes. The new agreement extends the partnership with Nike until 2038, marking a pivotal moment for the club's financial future. Laporta acknowledged the role of intermediary Darren Dein in the negotiations, stating that the agreement includes a fixed payment and bonuses based on performance, but no penalties for failing to secure titles.