November 06, 2014
Qatar Foundation signs on as official sponsor for FC Barcelona

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By Iain Rogers MADRID (Reuters) - Barcelona have agreed a record shirt sponsorship deal with the Qatar Foundation worth 30 million euros a season through to the end of the 2015-16 campaign, the La Liga champions said on Friday. The deal is the biggest for any soccer club, the Spanish champions said on their website (, and will net the Catalans, the second-richest club by income behind arch rivals Real Madrid, as much as 170 million euros. The total includes 15 million euros for commercial rights for the current season and a bonus for winning titles that could be as much as 5 million, Barca added. "With this accord, Barca becomes the undisputed brand leader in world football, far ahead of international rivals," Javier Faus, a club vice president, told a news conference. He added that the fresh injection of cash would help strengthen sporting projects, though he cautioned that the heavily-indebted club's financial situation remained delicate. "Less so, but still delicate and the austerity plan led by the director general will be carried forward 100 percent," he said. The Qatar Foundation, founded by Sheikh Hamad Bin Khalifa Al Thani, the Emir of Qatar, in 1995, has projects focusing on education, scientific research and community development. It is also engaged in several corporate joint ventures. HIGHER PROFILEĀ  Continued...
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