Qatar Foundation signs sponsorship deal with Barcelona
Barcelona football club have signed a 165 million euros (US$218 million) shirt sponsorship deal with the non-profit Qatar Foundation, the Catalan club announced on Friday. The total value of the five-and-a-half year contract could rise to 170 million euros, Barca said in a statement.
The club will get 15 million euros for the second half of this season, 30 million euros for each of the following five seasons, and up to five million in bonuses for titles won.
Barca will place the Qatar Foundation on their shirts alongside the existing logo for UN children's agency UNICEF.
The Qatar Foundation was set up in 1995 by the Emir of Qatar, Sheikh Hamad bin Khalifa Al-Thani, to foster education, scientific research and community development in Qatar, the Middle East and beyond.
- Oman’s Duqm tourist complex moves forward with government approval
- Kuwait fights budget deficit: Reexamining government salaries, expatriate labor
- Tunisian Confederation of Industry, Trade, and Handicrafts fights nationwide unemployment levels
- Construction costs fall in Dubai
- Western tourists flock to Iran, could generate $30B in new revenue