Barcelona have announced a long-term contract extension with kit manufacturers Nike that will see the Catalan giants make at least 155m euros (£140m) a season from 2018.
Delegate members approved the renewal and extension of the sponsorship agreement with Nike, which was set to end in 2018 and has now been extended by ten years - the initial five and then five more which are extendable - until 30 June 2028. The vote saw 584 in favour, ten against and nine blank.
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FC Barcelona's 2016 Ordinary General Assembly also saw the approval of the one-year extension to the sponsorship agreement with Qatar Airways, after the presentation made by the vice-president for the area of marketing, Manel Arroyo, and following the opinions of delegates who asked to give their view. The vote saw a result of 483 votes in favour of the extension, while 251 voted against and 60 voted blank.
Manel Arroyo defended the contract extension with Qatar Airways through to June 2017 for 33.5 million euros by saying it will give “more time to work and negotiate the sponsorship agreement that the Club desires”.
