Laporta's board approves multi-million dollar deal with Nike

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Barcelona's coffers are very close to feeling enormous relief, thanks to the imminent new agreement with Nike. An extraordinary, and telematic, meeting of the Board headed by Joan Laporta took place on Thursday in which the directors voted to ratify the agreement between the parties that already existed verbally, according to RAC1.

The club's directors are very satisfied with the new agreement reached, as the link is extended until 2038 with a significant increase in the amount to be received by the Catalan institution. Income is improved by around 48 million euros from 2024 to 2028, in relation to current conditions, and from 2028 to 2038 they will obtain between 58 and 60 million more than now. To these figures must be added a renewal bonus of around 100 million euros. All this, including the signing bonus (the renewal bonus) on a pro-rata basis over the next few years.

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"It will be the best contract in the world of football. It could have been signed in August, but it was not done because he wanted to have the best contract. We went to the market to look for a better offer, we got it and they matched it. We are negotiating, finishing it, and shortly it will be announced. It will be for 10 years," said Joan Laporta just over a month ago.

It will be the best contract in the world of footballJoan Laporta

Official announcement

The deal is not yet official, and Nike has yet to give its final approval to this multi-million dollar deal, although everything points to it being publicly announced in the coming days.

Registration

With the new deal with the American brand, the Catalan club is closer to returning to the 1:1 rule for signings, one of the priority objectives set by Laporta's board for the next market. In addition, it takes an important step forward to definitively register players such as Dani Olmo or Pau Victor. Currently, both players are only registered in LaLiga until December 31.

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