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

Ford Trims Workforce: 4,000 Jobs to Go in Europe

US car giant Ford on Wednesday announced 4,000 more job cuts in Europe, mostly in…

2 days ago

Tinubu Dissolves UNIZIK Council, Sacks VC, Registrar, Otukpo Pro-Chancellor

  President Bola Tinubu has approved the dissolution of the Governing Council of Nnamdi Azikiwe…

2 days ago

Ekiti Workers to Earn N70,000 Minimum Wage as Govt Signs MoU with Unions

  The Ekiti State Government has reached an agreement with labour leaders in the state,…

2 days ago

N610bn Constituency Projects Under ICPC Scrutiny in 21 States, FCT

  The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has initiated the seventh…

2 days ago

Iraq Undertakes Historic Census After 40-Year Gap

Iraq is holding its first nationwide census in nearly four decades this week, a long-awaited…

2 days ago

Relief as Rep ‘Lafi’ Empowers 300 Constituents Through Skill Acquisition Programme

  Over 300 constituents of Akinyele/Lagelu Federal Constituency in Oyo State benefitted from a skill…

3 days ago