FC Barcelona has caused great expectations with the announcement of a Special General Meeting, scheduled for December 21, 2024. In a statement, the club announced that the meeting will discuss the new contract with Nike: a historic renewal.
The Special Meeting
The FC Barcelona statement details that the Assembly will be held online, in compliance with the regulations of the Catalonian Sports Law. The start time has been set at 10:30 a.m. for the first call, and 11:00 a.m. for the second.
The Assembly Board will be held in the Auditorium 1899, within the Spotify Camp Nou facilities, which highlights the importance of the event. The announcement was made just a few days after the agreement with Nike was made official. Such an agreement will transform the finances of the club in the coming years.
A Million-Dollar Deal
The agreement between FC Barcelona and Nike is the largest in the history of the club. The contract, which comes from a relationship that began in 1998, has been extended for another decade.
The renewal guarantees the club more than 100 million euros per season, making this contract one of the most lucrative ones in world soccer. According to the figures revealed, the agreement is broken down into two terms: from 2024 to 2028 and from 2028 to 2038.
Historic Revenues
This contract will generate around 127 million euros per year for FC Barcelona, reaching a total of 1.7 billion over the next 20 years. This income will guarantee the club financial stability that will allow it to undertake new projects and maintain its competitiveness at the highest level.
The main focus of this Meeting will be the opportunity for the club members to give their approval to the contract. This measure, which has already caused great expectations, is a necessary step to make the agreement official. The participation of the members will be key to validating the agreement, making December 21 a crucial date for the future of FC Barcelona.
Expectation and Future
This announcement has surprised many, as the economic impact of this contract not only affects the present but also projects Barcelona toward a prosperous future.
Club president Joan Laporta, has made it clear that this is the contract that Barcelona needs to continue growing. It'll be the agreement to consolidate Barcelona as one of the most important clubs in the world. The next few days will be key to finding out whether the members support this historic agreement.