Out of Play

Barcelona ‘set for huge cash injection’ by selling Nou Camp naming rights in £364million deal

Barcelona are reportedly set for a huge cash injection by selling the naming rights to the Nou Camp in a deal worth £364million.

The 99,534-capacity stadium is set to undergo a revamp in time for 2022 and the Blaugrana are keen to capitalise on their on-pitch success by bringing in extra revenue.

Barca had initially set the price for naming rights at around £242million, but have now been given permission to increase the fee, report Fox Sports.

The Catalan giants are currently touring the US – a market they are keen to tap into and potentially attract a Stateside company to purchase the naming rights.

Barca are reportedly ready to sell the naming rights to the Nou Camp (Image: Getty Images Europe)
The Nou Camp is set to undergo a renovation which would increase its capacity (Image: REUTERS)

Any name change would coincide with the renovation of the Nou Camp – nicknamed ‘Barca Space’.

It is set to increase the capacity of Barcelona’s famous home while also improving the facilities around the stadium.

Barca’s off-field revenue streams are impressive with recent figures showing they made a record £252million from sponsorship, more than Manchester United and Clasico rivals Real Madrid.

Neither United or Real have sold their naming rights, but Premier League sides such as Arsenal and Manchester City have benefited from doing so.

 

 

 

MegaIcon

Share
Published by
MegaIcon

Recent Posts

FG Targets 15m Households for Conditional Cash Transfer Scheme

The Minister of Humanitarian Affairs, Disaster Management, and Social Development, Nentawe Yilwatda, has announced the…

31 minutes ago

Fuel Price Relief: PETROAN Promises Pump Price Drop This Week

  The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has assured Nigerians of…

58 minutes ago

FG Declares Festive Public Holidays

  The Federal Government has declared Wednesday, December 25, and Thursday, December 26, 2024, as…

5 hours ago

IGP Steps In: FCID to Investigate Death of Man Detained Over N220,000 Debt

  The Kwara State Police Command has confirmed the death of a 35-year-old man, Jimoh…

20 hours ago

Red Sea Tragedy: US Pilots Shot Down in ‘Friendly Fire’ Mishap

Two US Navy pilots were shot down over the Red Sea early Sunday in “an…

21 hours ago

FG Lifts Five-Year Ban on Mining in Zamfara, Eyes Economic Boost

The Federal Government has officially lifted the five-year ban on mining activities in Zamfara State,…

1 day ago