Connect with us

Hi, what are you looking for?

Football

FC Barcelona Terminates Partnership with Giant: Contract Violation Cited

Photo: Wikimedia Commons

Barcelona President Joan Laporta confirms that the Catalan club has terminated its contract with Nike due to the apparel company allegedly breaching several agreements.

A 26-year partnership appears to be nearing its end. Nike has been the kit sponsor for Barcelona since 1998, but now the Catalan club has terminated the agreement with the American company.

This was shared by Joan Laporta, the president of Barcelona, in an interview with Barca Studios.

“We informed Nike that we would be terminating the contract due to what we considered to be clear breaches of the agreement.

“They had 45 days to compensate us, but they failed to do so, and we notified them that the contract would be terminated,” Laporta stated.

Uncertain Future

The contract with Nike was supposed to run until 2026, but following the announcement that Barca has ended the partnership, it’s unclear what the future holds for the club’s apparel.

Laporta revealed that Nike has proposed a new and improved contract, which still falls short of Barcelona’s expectations.

“They attempted to enhance the contract, but it’s not sufficient, as we know the market offers more.

“We are negotiating with all options on the table, aiming for Barca to secure the best sponsorship deal in the world.

“We’re open to everything, but we cannot accept a contract that’s significantly below what the market offers,” the Barcelona chief explained.

Many anticipate that Puma might become Barcelona’s new kit sponsor.

You May Also Like

Football

Incredible scenes unfolded in Italy, which has now resulted in the sacking of a coach. During the fight against relegation from the Italian Serie...

Football

Neymar has chosen to cover the bail expenses for his ex-teammate, enabling his release from imprisonment in Barcelona. Earlier this month, ex-Barcelona player Dani...

Football

In a shocking development that has rippled through the football world, Carlo Ancelotti, the esteemed head coach of Real Madrid, finds himself at the...

Tennis

Fans gave Simona Halep a warm welcome as the Romanian made her return to tennis at the Miami Open following a completed doping suspension,...