Barcelona negotiating to get possible €100m loan from Nike – reason revealed

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Barcelona negotiating to get possible €100m loan from Nike – reason revealed

According to La Vanguardia, Barcelona are in talks with Nike over the possibility of getting a loan from them.

The two parties are already reportedly on the verge of renewing the terms of Nike remaining as shirt sponsors. The brand should pay a whopping €120m-a-season for this deal.

Barca are negotiating this loan as part of the talks with Nike to extend the shirt sponsorship agreement. A reason behind this is the club needs an immediate injection of cash to help balance their financial books.

Indeed, Barca needs to generate some money in their revenue to avoid the possibility of facing more potential punishments from La Liga.

Joan Laporta & co remain hopeful that the loan will be sanctioned in the next few weeks. They need to balance the financial books before June 30.

AuthorUttiyo ScarnageSourceLa Vanguardia
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