Amid the new €280,000,000 sponsorship deal between Spotify and FC Barcelona, fears circulated that the stadium’s name would change drastically. Ever since opening its doors to replace Camp de Les Courts, Camp Nou never suffered a name change. With Spotify’s new deal, the club will finally get the income they need in order to attempt the transfers they want this summer.
Barcelona’s chief executive Ferran Reverter resigned after seven months, just as the club announces the deal, which over three years, will be worth €280m. The men and women’s teams will be carrying the company logo on their shirts, with Spotify becoming the first holders of the title rights for the stadium. The deal would come into effect this summer when Barcelona’s contracts with their primary sponsor Rakuten and secondary sponsor Beko end. The first deal was worth €55m a season, but Barcelona would not comment on the new agreement.
Reverter’s resignation, which he claims was for family reasons, seemed to have striking timing. Some sources suggest that he had a series of disagreements with president Joan Laporta, the latest of which was the Spotify deal. This also comes as Spotify faces a massive controversy after singer Neil Young demanded the removal of his catalogue from the platform because of the alleged misinformation spread by the Joe Rogan podcast.
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