Barcelona are on the verge of sealing a sponsorship deal worth €500 million, claims Spanish outlet El Chiringuito TV.
The Catalan giants have hit some serious financial troubles in recent times. It has been reported that they have racked up debts over over €1 billion, largely due to the COVID-19 pandemic and subsequent closures of all stadiums.
Other contributors include the cut-price sales of the likes of Luis Suarez, Arturo Vidal, and Ivan Rakitic, as well as the underwhelming nine figure deals for Philippe Coutinho, Ousmane Dembele, and Antoine Griezmann. Their on-field performances also haven’t been so hot, failing to win a trophy in the 2019/20 season.