Barcelona hopes to close new deal with Nike next week.

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Barcelona will attempt to confirm a new agreement with Nike before handing over its balance sheet to La Liga on April 30.

‘UFABET’ reported on Tuesday that Barcelona is confident they will be able to confirm a new deal with Nike as the club’s main sponsor worth €1.2 billion over the duration of the contract. 10 years within the next week

Barcelona spent months in negotiations with Nike, Register ufabet pressuring the American sportswear giant to revamp the deal until it was reported that talks between the two sides were close to reaching a 10-year contract worth a total of 1.2 billion euros, including bonuses. Signed another €100 million contract, one of the solutions to the club’s financial problems.

According to reports, Barcelona expects they will confirm a new deal with Nike sometime next week. Clubs are due to submit their annual balance sheets to La Liga on April 30, which will affect their salary cap this summer. 

Barcelona are currently 204 million euros above the salary cap, down from 443 million euros last season, after the club sold TV rights and shares in Barca Vision, but the Azulgrana are yet to receive any money from the transfer. Selling Barca Vision for 40 million euros 

So in addition to the new signing bonus with Nike worth 100 million euros, plus the money from the sale of Barca Vision shares of 40 million euros, Barcelona will have to sell players to make another 60 million euros to clear up the problem.