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Barca’s new Nike deal explained: Is it really worth €1.7billion? And is it bigger than Real Madrid’s?
Barcelona announced last weekend a new multi-year partnership with kit supplier Nike, extending and updating a deal which had been set to end in 2028.
In recent months Barca president Joan Laporta has regularly boasted that he would secure a deal which would be “the biggest in all of world football”, and the extended contract could now be worth €1.7billion (£1.4bn;$1.8bn) over the next 14 seasons to 2038, bringing a major boost to the club’s troubled and complex financial situation.
Confirmation of the new arrangement ends a year-long saga which hurt relations between the Catalan club and the American sportswear giant. Yet it remains to be seen whether the deal will bring immediate relief to the team’s issues with La Liga’s salary limits — including most pressingly whether last summer’s signings Dani Olmo and Pau Victor can be registered to play for the team over the second half of this season.
The Athletic spoke to figures inside and outside Camp Nou, all of whom wished to remain anonymous to protect relationships, about whether this is a good deal for Barcelona.
What did Barcelona say?
Announcing the contract on Saturday, Barca said in a statement: “This new partnership consolidates Nike as a main partner of the club and official technical partner across all professional and amateur teams, bringing a unique model that strengthens the brand association and fuels the global retail and licensing business growth.”
What are the financial details?
Barca officially told The Athletic that the details of the deal were confidential, but club sources stated a total figure of €1.7bn over the next 14 years.
The new contract will have two phases. The first is from 2024 to 2028, the latter year being when the previous agreement was to expire. Club sources say that for each of the next four years, the income will now be around €108million (£90m;$115m), close to doubling what the club had been earning in recent seasons.
From 2028, that figure will increase to around €120m each campaign over the following decade, according to the club sources.
Barcelona president Joan Laporta (Eric Alonso/Getty Images)
These sources said that Barcelona would also receive a ‘signing bonus’ of €158m which will be divided over the 14 years of the deal, including the current season’s accounts.
Barca consider it to be a big victory for Barca following tough negotiations, guaranteeing that most of the promised annual income will be received, regardless of the team’s performances on the pitch.
When previous president Josep Maria Bartomeu’s board signed the previous deal in 2016, a headline figure of €105m a year was trumpeted. However, under that deal, when the team were not as successful as hoped, for instance dropping out of the Champions League early, the club actually received only €50-60m from Nike.
What are Nike saying?
Nike and Barca have worked together closely since their first deal was signed in 1998. When asked by The Athletic to comment on the new deal extension, Nike said it was delighted to continue this deep and meaningful relationship.
A Nike spokesperson said: “We are excited to progress our work together at all levels, from grassroots football initiatives that inspire and empower young players, to elevating FC Barcelona as a global icon of style and culture. Together, we are particularly passionate about advancing the growth of the women’s game, and our partnership with FC Barcelona’s women’s team is a testament to our shared dedication to equality and inclusivity in sport.”
Nike said they could not confirm details of the financial or business sides of the agreement.
What’s the optimistic view?
The €1.7bn headline figure is huge, even by the standards of multi-million kit deals at the elite level in club football. It would be a huge improvement on Barca’s previous earnings from Nike, a significant boost in revenues which would help improve the club’s financial situation over the coming years.
Importantly for many around Camp Nou, with the signing bonus included it would also mean that Barca have achieved Laporta’s often-stated ambition to top Real Madrid’s €120m-a-year agreement with Adidas, currently accepted as the most lucrative in world football.
This would back the current board’s case that they are working successfully to fix the financial problems they inherited from their predecessors.
Barca need cash to be able to play Dani Olmo in the second half of the season (Alex Caparros/Getty Images)
What’s the reality of the situation?
It is not typical in football for a club to renegotiate a kit deal with four years still to run. But the agreement with Nike was identified by Barca’s board as a potential way to increase their revenues by ‘levering’ more money into their annual accounts.
Nike were only going to agree to a new deal if it suited them, and there had been anger within the U.S. multinational at how they had been treated through the whole negotiation process, including the Catalan club trying (unsuccessfully) to find a legal way to exit their previous agreement.
Laporta and his closest executives took charge of the negotiations which finally led to the weekend’s announcement. Full details of the agreement were not even shared with the board before last Friday’s vote to accept.
Some industry sources consulted by The Athletic were sceptical about the figures being claimed, with doubt from some in the Spanish capital about whether Barca’s deal really was going to be bigger than Madrid’s.
There were also concerns voiced about the effect of the new arrangement on the Catalan club’s Barca Licensing and Merchandising (BLM) arm, with the statement announcing the deal appearing to suggest a deeper role for Nike in this area of Barca’s business.
Since its launch by Bartomeu in 2018, BLM has been a big success. The €179m that Barca earned from kit and merchandising revenues was the most of any European club according to UEFA.
There are concerns that Nike playing a greater role in the many ‘casual’ ranges of clothing and other merchandise sold in official club shops will mean less of the profits end up in its coffers. Club sources have denied that this will be the case.
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What’s the latest on Barca’s salary limit?
As so often in recent years, Barca had to work hard this summer to be able to register all their current squad members with La Liga, including Spain international playmaker Olmo, a €60m arrival from RB Leipzig, and young striker Victor, a €2.7m signing from Girona.
Both were only registered at the last minute, using La Liga’s financial rule 77, which allows for the temporary replacement of injured players (in this case Andreas Christensen). That meant they were only registered with La Liga until December 31. For either or both to feature after the winter break, the club must find more money from somewhere.
Victor is another player experiencing uncertainty at Barcelona (Alex Caparros/Getty Images)
During a press conference in early September, Laporta said that Barca were “€60million away” from returning to a situation where La Liga would let them sign and register players as normal.
A few weeks later it emerged that Barca’s auditors had required a write-down in its 2023-24 accounts of the value of the club’s troubled ‘Barca Vision’ subsidiary, which holds its current and future media rights and activities.
This meant that Barca now needed to raise an estimated €120m to get back within its allowed salary limit for the current campaign.
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How could the new Nike deal affect the situation?
When Laporta has been asked about the Barca Vision problem, he would often mention the bumper benefits of a new kit deal as at least part of the solution.
One hope was that a ‘bonus’ of €100m-plus could fill most or all of the immediate holes in the club’s accounts caused by the failure of the Barca Studios lever. The agreed deal now divides this bonus over its 14-year term — meaning only an estimated €9m extra in 2024-25 (plus the extra €40m in normal revenues over the course of the season).
Club sources have told The Athletic that the new Nike deal helps but does not resolve the Barca Vision issue. So the search continues for more investors in that project. There is confidence at the highest level at Camp Nou that this will be successful, and player sales will not be required in the winter transfer window. However, as so often under the current regime, it looks likely to go right down the wire.
And over the longer term?
The general impression is that this new Nike deal fits well with Laporta’s policies during his second presidency. The club is gaining upfront money which it can use to fix holes in the accounts and continue to spend on the squad.
A longer-term issue with the new Nike contract flagged in multiple conversations with industry sources is that Barca are now locked into this deal for another 14 years. Given the inflation in the market, €127m a year may not look so good by 2034. “This deal could tie the hands and feet of the next president,” an ex-Blaugrana board member told The Athletic.
However, there is also an understanding that Barca are where they are, and the numbers coming from the club are impressive and necessary. “Financially this new Nike deal is a tremendous boost of oxygen,” said one influential figure in the club’s ‘entorno’ who has not always backed Laporta’s lever policies.
(Additional reporting: Pol Ballús)
(Top photo: Alvaro Medranda/Quality Sport Images/Getty Images)
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Croatia thought their FIFA World Cup hopes were still alive when they scored the game-tying goal just before the end of stoppage time in the second half.
But a VAR review said Mario Pasalic was offside, and it was Portugal moving on instead.
Gonçalo Ramos’ goal just minutes earlier — a beautiful header into the back of the net in the 94th minute — was the decider in this 2-1 victory for Portugal. And it was only the second time in Portuguese World Cup history the nation needed to come from behind to win, underscoring its resilience on the sport’s biggest stage.
Luka Modric of Croatia and teammates react after the 1-2 loss during the FIFA World Cup 2026 Round of 32 match between Portugal and Croatia at Toronto Stadium on July 2, 2026 in Toronto, Ontario. (Patrick Smith – FIFA)
It was a controversial ending, though, and one where Croatia tried to argue the ball never hit the head of Igor Matanovic, which made Pasalic offside during VAR review.
It’s also worth noting that a new chip within the ball shows when it is touched, giving more concrete evidence to the referee’s final decision in such a crucial time of the match. This was the 10th goal overruled by VAR thus far in the World Cup.
GABRIEL MARTINELLI’S 96TH-MINUTE GOAL RESCUES BRAZIL FROM JAPAN UPSET IN WORLD CUP ROUND OF 32
So, with the goal annulled, Croatia’s time at the tournament has ended. As a result, Croatian legend Luka Modrić is finishing his fifth World Cup, which will likely be the 40-year-old midfielder’s final one.
But another older legend on the pitch will move on, as Cristiano Ronaldo made some World Cup history during this match.
When No. 7 stepped foot on the pitch and the ball was kicked, he became the oldest player to participate in a knockout stage match at the World Cup at 41 years and 147 days old. He also became the oldest player to score in a knockout stage match when he saw a penalty situation while Portugal was down 1-0 in the match.
Cristiano Ronaldo of Portugal celebrates after scoring his team’s first goal during the FIFA World Cup 2026 Round of 32 match between Portugal and Croatia at Toronto Stadium on July 2, 2026 in Toronto, Ontario. (Patrick Smith – FIFA)
Ivan Perisic got the first goal of this game and put Portugal’s back against the wall. But after a foul was committed inside Croatia’s box in the 67th minute, it was time for Ronaldo to get his first career knockout goal, and he didn’t disappoint.
Ronaldo was ecstatic, sprinting toward the corner flag and performing his signature “SIU!” celebration, which the crowd bellowed with the score at 1-1. Ronaldo had also seemed to get that first knockout goal just minutes earlier but he was called offside.
Modrić and Ronaldo, two former teammates on Real Madrid, also made history together, as they were the first two players 40 years or older to play in the same match together.
Luka Modric of Croatia congratulates Cristiano Ronaldo of Portugal after the 2-1 win during the FIFA World Cup 2026 Round of 32 match between Portugal and Croatia at Toronto Stadium on July 2, 2026 in Toronto, Ontario. (Buda Mendes/Getty Images)
It was also an emotional moment after the match, as Ronaldo wore the jersey of late Portugal teammate Diogo Jota, who died in a car accident a year ago. A team photo was taken on the pitch, with Ronaldo holding up Jota’s jersey alongside his squad.
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Now that the job is done in the Round of 32 for Portugal, they face a big challenge against a key rival in the Round of 16.
Spain, who dominated Austria with a 3-0 finish earlier on Thursday, awaits Portugal at Dallas Stadium on July 6 at 3 p.m. ET.
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Roki Sasaki’s abysmal appearance faded away in the Dodgers’ 12-7 win over the San Diego Padres on Thursday night, but only after the National League West leaders rose from a catatonic first inning.
The Dodgers roared back from a 6-0 deficit as Andy Pages skirted a tying double down the left-field line, and Mookie Betts and Max Muncy each drove in runs to give them the lead for good in a four-run fourth inning. All of which sent the sold-out Dodger Stadium crowd into jubilant celebrations, some jumping, others breaking out World Cup chants.
“Thankfully, it played out the way I didn’t expect,” manager Dave Roberts said of the team’s ability to turn the game around, “or the way it started.”
By the time the game ended, Sasaki’s three-inning start seemed like a murky nightmare the Dodgers awoke from in a sweat. Except the Dodgers weren’t dreaming, and the team hadn’t done much to assuage the concerns with Sasaki.
The problem with Sasaki isn’t his stuff. On his best nights, when the velocity and command combine, Sasaki blows past batters with a triple-digit fastball and cutting off-speed pitches. The problem has been how to tick the radar without making the strike zone look like a Jackson Pollock painting — and recently, it has.
Sasaki’s June swoon, impervious to the calendar change, continued into Thursday’s series opener against the Padres, in which the right-hander gave up three home runs among seven hits before Roberts called it quits going into the fourth inning.
“They were on everything,” Roberts said. “You could see it.”
One possible concern? Tipping pitches. While Roberts and catcher Dalton Rushing said the team would need to do more research into Sasaki’s start, both left the door open to this answer.
“That would be a big explanation as to how they felt like they were on every pitch,” Rushing said.
As San Diego chugged through its lineup, Sasaki struggled to keep up. With his first pitch, he gave up a double to Fernando Tatis Jr., who scored on Manny Machado’s home run that left center fielder Pages staring at the ball’s path as it plopped down on the other side of the blue outfield fence.
The inning was only a preview of the Padres’ power. Each of the nine San Diego batters got his chance against Sasaki in the second, and the team quickly dug the Dodgers into a six-run hole. He surrendered two home runs in the second inning. Jackson Merrill blasted a ball to left-center field leading off, and, two outs later, Jake Cronenworth drove in two runs with a shot to right-center.
Sasaki said through interpreter Kensuke Okubo that he needed to work on his command, but he felt like his fastball was good.
Roki Sasaki has his head down after giving up a solo homer to Jackson Merrill in the second inning.
(Gina Ferazzi / Los Angeles Times)
“I don’t think my stuff was bad today,” Sasaki said. “Overall, it wasn’t great but a lot of things evolved.”
Part of Sasaki’s issue lies with his approach. Roberts said he wants the second-year pitcher to be aggressive, to play the cat-and-mouse game required to beat batters in the box. But when given the opportunity, Sasaki has shrunken in recent outings, struggling with his command and his ability to pitch deep into games.
“We had a great May, so let’s just get back to competing and making pitches,” Roberts said.
When reliever Will Klein walked out to the mound in the fourth to the aggressive, rambunctious clamor of the Dropkick Murphys’ “I’m Shipping Up to Boston” and collected two scoreless, one-hit innings, the relief was immediate: The Dodgers took the lead.
The lineup already was revving, as Rushing homered in the second inning while Sasaki was still in the game, and both Kyle Tucker and Muncy drove in runs off starter Randy Vasquez in the third, cutting the deficit to two. The Dodgers broke through against the Padres’ bullpen to score six runs in the fourth and fifth innings.
“The bullpen was fantastic tonight, and then the offense came up big,” Roberts said.
A late catch by Pages helped close out the game after he gloved a ball despite ramming into the padding of the center field wall. A combined effort by Paul Gervase and Tanner Scott shut down San Diego’s ninth-inning momentum after it pushed across a run.
“Turned back around, was able to find the ball and make a really good catch right there,” Tucker said of Pages. “That was a huge out.”
The Dodgers (57-31) beat their division rivals for the fifth time in seven games to open a 13-game lead over both San Diego and Arizona. The Padres, meanwhile, have lost six straight and given up 66 runs over the last six days, the most in such a span in franchise history.
But San Diego’s flaws don’t negate the Dodgers’ as they burned through six relievers in their win. So, while the Dodgers crawled out of the hole with a season-high 17 hits, the steep cost heightens the pressure on the rest of the rotation the rest of the series.
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In previous years, the Round of 16 was the first knockout stage match, but with an expanded field of 48 teams— it is now the second.
Let’s check out the odds at FanDuel Sportsbook as of July 2 for which countries are favored to make the Round of 16 and emerge from it.
This page may contain affiliate links to legal sports betting partners. If you sign up or place a wager, FOX Sports may be compensated. Read more about Sports Betting on FOX Sports.
To Reach Round of 16
Argentina: -2000 (bet $10 to win $10.50 total)
Colombia: -550 (bet $10 to win $11.82 total)
Portugal: -340 (bet $10 to win $12.94 total)
Switzerland: -235 (bet $10 to win $14.26 total)
Egypt: -148 (bet $10 to win $16.76 total)
Australia: +122 (bet $10 to win $22.20 total)
Algeria: +186 (bet $10 to win $28.60 total)
Croatia: +260 (bet $10 to win $36 total)
Ghana: +380 (bet $10 to win $48 total)
Cape Verde: +1160 (bet $10 to win $126 total)
Now let’s check out the odds at FanDuel Sportsbook as of July 2 for the matchups already in place.
SATURDAY, JULY 4
Canada vs. Morocco
To Advance: MAR -300, CAN +225
Moneyline: MAR -130, Draw +240, CAN +420
Paraguay vs. France
To Advance: FRA -1800, PRY +1140
Moneyline: FRA -600, Draw +600, PRY +1800
SUNDAY, JULY 5
Brazil vs. Norway
To Advance: BRA -245, NOR +196
Moneyline: BRA -120, Draw +260, NOR +340
Mexico vs. England
To Advance: ENG -134, MEX +110
Moneyline: ENG +145, Draw +210, MEX +200
MONDAY, JULY 6
USA vs. Belgium
To Advance: USA -110, BEL -110
Moneyline: USA +165, Draw +230, BEL +170
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