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Barcelona set for revenue boost as multi-million euro agreement reached with investors from Dubai
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Barcelona set for revenue boost as multi-million euro agreement reached with investors from DubaiAccording to Catalunya Radio (h/t Mundo Deportivo), FC Barcelona have reached a multi-million euro agreement with investors from the United Arab Emirates to license the club’s image and brand in a luxury residential development in Dubai.
The agreement is unprecedented in the club’s history and has already generated an upfront payment.
The plan consists of creating a mini-city in Dubai with buildings, luxury apartments and communal areas, where the Barcelona crest will be highly visible.
(Photo by Linnea Rheborg/Getty Images)In return, the club will receive a significant financial amount for a fixed number of years.
Given their economic situation in recent years, adding another revenue stream will be a major boost and might take them closer to the 1:1 Fair Play Rule.