Barca seals massive deal with Japan’s Rakuten
Barcelona : Spanish giants FC Barcelona sealed a massive shirt sponsorship deal Wednesday with Japanese online retailer Rakuten worth at least 55 million euros ($59 million) a year.
One of world football's most lucrative shirt sponsorship deals sees Japan's leading e-commerce company replace Qatar Airways, Barcelona's shirt sponsor since 2013, confirming Asia's appetite for major investment in European football.
The deal, which begins in the 2017-18 season, will last for four years.
With the pulling power of top stars like Lionel Messi and Neymar, Barcelona's success on the pitch ensures the club exerts a huge draw on advertisers.
"The base contract is 55 million euros per year, with a bonus of 1.5 million euros per year if the club wins the La Liga and five million euros if it wins the Champions League," Barcelona's head of marketing, Manel Arroyo, told a news conference at the club's Camp Nou stadium.
Qatar Airways were reported to have paid 35 million euros for the final year of their deal taking them up to the end of the 2016-17 season.
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