Barcelona members passed a bumper contract extension with American kit manufactures Nike that will see the Catalans make at least 150 million euros a season from 2018. Barca said the details of the deal will be revealed and ratified at the club's next general assembly. Nike have been manufacturing Barcelona's kits since 1998 and this new deal will see the partnership continuing until 2023, at which point Barca have the option to extend for a further five years. Barcelona have agreed an extension to their kit-manufacturing deal with Nike which Spanish media reported was the most lucrative arrangement of its kind in the world. The agreement will be a huge boost to Barcelona’s aim to be the first football club to break the one billion euro revenue barrier by 2021. Barcelona-based daily newspapers Diario Sport and Mundo Deportivo reported that the deal could be worth 155 million euros (119.9 million pounds) a season and would run until 2026. According to a report from Diario Ara, the Catalan giants are closing in on a 10-year, €1 billion contract with Nike, who will continue to make the Blaugrana kit for the next decade. Barcelona members passed a bumper contract extension with American kit manufactures Nike that will see the Catalans make at least 150 million euros a season from 2018. A Barca statement read: "Barcelona and Nike have extended their current sponsorship deal, which was due to end on 30 June 2018. Barcelona and Nike have a new contract. Nike and FC Barcelona have renewed their uniform sponsorship deal for an enormous fee, according to reports. 24 May 2016. Nike are the current kit suppliers for Barca and they are already advertising official Coutinho shirts for sale. Saturday 21 May 2016 13:33, UK. Barcelona will be paid to carry a sponsor on their shirt – for the first time in their 111-year history. Barcelona agreed a "long-term" contract extension with American sportswear giants Nike on Saturday, which will reportedly see the Catalan club surpass Manchester United with the most lucrative kit-sponsorship deal in the world. Nike's record-breaking long-term contract extension, which kicks in from 2018 and runs till 2023, will net Barcelona £140m each season. Barcelona - Barcelona announced in 2007 that their deal with Nike, initially signed in 2006, was being extended until the end of the 2017-18 season. Around Europe, Real Madrid and Barcelona have deals with the two big boys - Adidas and Nike - and Juventus and Bayern Munich also come out of their deals with a few pound notes. Barcelona announce mammoth long-term kit deal with Nike, exceeding Manchester United's and Real Madrid's deals with adidas. Nike Extend Barcelona Deal Until 2026. Premier League champions Manchester City are poised to switch from Nike to German giants Puma at the end of the current season, while in October Arsenal signed a new £300m deal … Nike have extended their current sponsorship deal with Barcelona, which was due to end on 30 June 2018. Barcelona members passed a bumper contract extension with American kit manufactures Nike that will see the Catalans make at least €150 million a season from Barcelona agree reported record Nike deal. Created with Sketch. Ranking the most expensive kit deals in history ... Liverpool finally announced their deal with Nike to rise to the top of English football. The deal is an eight-year partnership. Barcelona’s potential NWSL entry in jeopardy over Nike deal. The initial deal… The NBA announced on Wednesday that it has signed an apparel deal with Nike beginning with the 2017-18 season. Barcelona (Nike, 2008-2018): £35m. By AFP . The long-term agreement is a … Barcelona have agreed an extension to their kit-manufacturing deal with Nike which Spanish media reported was the most lucrative arrangement of its kind in the world. A Barca statement read: "Barcelona and Nike have extended their current sponsorship deal, which was due to end on 30 June 2018. The deal with Rakuten, in which Barcelona earns $65 million per year, is the 3rd highest shirt sponsor deal, with Real Madrid-Emirates and Manchester United-Team Viewer being the … Nike delivers innovative products, experiences and services to inspire athletes. A Barca statement read: "Barcelona and Nike have extended their current sponsorship deal, which was due to end on 30 June 2018. "FC Barcelona and NIKE, Inc. have extended their current sponsorship deal, which was due to end on June 30, 2018," Barcelona said on Saturday. Official FC Barcelona website. Barca confirmed in May they had reached a deal to continue their partnership with Nike, which began in 1998, without releasing the value of the deal. Barcelona have confirmed that they'll continue on with their Nike partnership, signing a new record kit deal with the American apparel giants worth at least €155m (£140m) a season from 2018. The original contract was … ... €1 billion agreement between the two parties, the richest kit deal ever signed in the history of the sport. Barcelona, with star players such as Lionel Messi, Luis Suarez, and Neymar, will become even wealthier from 2018 when the club starts a new 10-year kit sponsorship deal … Barcelona’s main sponsors Nike, Beko and primarily Rakuten, their shirt sponsor, play a huge role in the club’s valuation. Barcelona have agreed to extend their deal with kit manufacturer Nike, with reports in the Spanish media saying it is the most lucrative agreement of its type in the world. Getty Images. Nike has sponsored the club since 1998. That would dwarf the current $109 mn a season, 10-year deal Manchester United agreed with Adidas last year. FC Barcelona has been playing football since 1899 and has an extremely rich heritage. All news about the team, ticket sales, member services, supporters club services and information about Barça and the Club … Barcelona-based newspapers Diario … "FC Barcelona and NIKE, Inc. have extended their current sponsorship deal, which was due to end on 30 June 2018," Barcelona said in a statement.