Barcelona have announced a 14-year kit manufacturing deal with Nike worth £1.4bn in what is a record agreement of its kind. Despite murmurs of a fractious relationship between the Catalan club and the American sporting titan the deal will be worth around £105m per season for the LaLiga club.

Catalan radio station RAC1 also reported news of a deal being agreed between the La Liga soccer club and the American sportswear giant and similarly cited anonymous

Barcelona have announced a new multi-year partnership with kit supplier Nike. The deal continues an association between the Spanish club and American sports brand that dates back to 1998. The new agreement comes into force this season.

Despite months of negotiations leading to a new, lucrative sponsorship deal with Nike, Barcelona still have a long road ahead in their quest to comply with La Liga’s 1:1 Financial Fair Play rule,

FC Barcelona used social media and an email sent to the press to announce its new sponsorship deal with Nike which is believed to be the highest-paid in soccer.

Barcelona have announced that they have reached an agreement with Nike over a new €1.7 billion kit sponsorship deal. The Blaugrana's financial issues could soon be alleviated to a certain extent. Negotiations over fresh terms with kit manufacturing giant Nike had been ongoing for several months and they have now reached a satisfactory conclusion.