S. Korea's industrial production declines in May '25    Egypt offers condolences to Sudan over gold mine collapse    Egyptian Parliament approves 12% annual hike in cigarette prices    Egypt to toughen truck safety rules following fatal Ring Road accident    Egypt leverages diplomacy to advance global health partnerships    Zahrān Mamdani's win in New York Primary sparks debate on Democratic Party's future    Brevan Developments unveils new phase of Lake House in New Obour to meet rising demand    Fractional ownership gains ground in Egypt amid drive for innovation, market regulation    Three ancient rock-cut tombs discovered in Aswan    Egypt launches Red Sea shark satellite tracking in regional first    Digital services tax sparks new trade dispute as US halts talks with Canada    Egypt, Mauritania eye joint healthcare plans    Egyptian FM, US Presidential Adviser discuss African crises    Egypt's FM, UK security adviser discuss de-escalation    Syria eyes 1st US bank transaction within weeks    NZ's economy expands in Q1 '25 – data    Egypt's PM urges halt to Israeli military operations    Egypt's EHA, Schneider Electric sign MoU on sustainable infrastructure    Sisi launches new support initiative for families of war, terrorism victims    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's EDA joins high-level Africa-Europe medicines regulatory talks    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Qatar foundation pays $200m to advertise on Barca jersey
Barcelona has reached a five-year, €150 million ($200 million) deal with the Qatar Foundation for it to join UNICEF as the Spanish champion's jersey sponsor
Published in Ahram Online on 10 - 12 - 2010

Barcelona will receive €30 million ($40 million) per season from 2011-12 from the nonprofit organization, located in the tiny gulf state where the 2022 World Cup will be played.
"With this deal Barcelona places itself as the indisputable brand leader in world football ahead of our international competitors," Barcelona financial vice president Javier Faus said Friday.
Barcelona said it would seek a way to combine the two logos but UNICEF will remain the prevalent one if a solution cannot be found. Barcelona's maroon and blue striped shirt was without a sponsor before it put the children's charity on its front in 2006.
Barcelona previously flirted with deals but this marks the first time in the Catalan team's 111-year history it will be paid to advertise.
Led by player of the year candidates Lionel Messi, Andres Iniesta and Xavi Hernandez, Barcelona is one of the world's most successful clubs. It has won eight major trophies in the past two seasons, including the 2009 Champions League, but has also been hit by economic woes. It is coming off a season when lost €77 million ($100 million).
Barcelona said the deal would kick in for the rest of this season with ¤15 million ($20 million) being paid by the Qatar Foundation for branding, advertising and promotional ties. Barcelona will also earn an undisclosed bonus amount with each title won over the course of the deal.
The Catalan team insisted the agreement did not mean UNICEF would be dropped as sponsor despite the five-year deal that is set to expire at the end of the season. Faus said the team would renew its deal with UNICEF, for which it has contributed ¤1.5 million ($2 million) annually for humanitarian projects.
"Marketing experts are working to unify the UNICEF and Qatar Foundation logo," Faus said from the Camp Nou stadium.
The Qatar Foundation was founded in 1995 by Sheikh Hamad Bin Khalifa Al Thani, the Emir of Qatar, to bolster education, science and development of the tiny gulf state.
First lady Sheika Mozah bint Nasser al-Missned is the chairperson.
The deal only tightens already strong links between the Catalan club and the future World Cup host, which won the right to host the final tournament despite allegations of collusion with a joint Spain-Portugal bid for the 2018 World Cup.
Barcelona coach Pep Guardiola was a public ambassador to Qatar's bid, while president Sandro Rosell was one of the leading forces behind the development of a Qatari football academy that aims to emulate Barcelona's revered La Masia school.


Clic here to read the story from its source.