FC Barcelona are set to announce a shirt and stadium sponsorship agreement with Spotify, Catalan radio station Rac1 reported on Monday, report Reuters.
According to the Rac1 report, the LaLiga side have agreed a three-year deal with the streaming music platform worth 280 million euros ($320 million).
The deal will see Barca’s men’s and women’s team bearing the Spotify logo on their shirts while the company will be the first brand to sponsor the club’s Camp Nou stadium, with an official announcement expected on Tuesday, added the report.
Despite the financial crisis at the Nou Camp, the LaLiga giants are continuing to attract widespread commercial interest.
Japanese retailer Rakuten has sponsored the men’s team since 2017 while toolmaker Stanley Black & Decker became the women’s team official shirt sponsor in 2018. They signed a 55m euros a season deal with Rakuten the same year but that deal runs out at the end of this season and the club have been reviewing options in the last few months.
Both, Barcelona and Spotify are yet to comment on the new deal.
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