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Barcelona’s new Nike deal not enough to return to 1:1 rule or register Dani Olmo - report

Barcelona president Joan Laporta has reportedly told the club’s board that the long-awaited new kit deal with Nike has finally been approved.

RAC1 are reporting it’s been signed off from Barcelona’s point of view and now just needs the Nike signatures to make it all official.

The contract with the sportswear giant is set to be extended until 2038 and will have a total value of a rather eye-watering €1.7 billion.

Barca will receive an increase of around €48m until 2028 and an additional €58-60m from 2028 to 2038.

Barca’s new deal had been expected to solve all sorts of financial problems, but the report claims it won’t see the club return to the 1:1 rule or be able to register Dani Olmo.