barca members vote to keep 225m qatar shirt deal
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Barca members vote to keep $225m Qatar shirt deal

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Barca members vote to keep $225m Qatar shirt deal

Doha - Arabstoday

Barcelona\'s members on Saturday backed the club\'s controversial sponsorship deal with Qatar Sports Investment after a senior official said the deal would have a \"substantial economic impact\". The approval by 697 votes for to 76 against was the final hurdle to securing a cash injection of about $225 million over five years for displaying Qatar Foundation on the front of the jerseys. The club\'s economic vice president, Javier Faus told members that the board felt it had no choice but to accept shirt sponsorship because “it has a substantial economic impact”. Faus added that the agreement was reversible so “future boards to be able to change the decision\". \"We wanted to solve financial questions but didn’t want the agreement to be irreversible,\" Faus said in comments published on the official Barcelona website.He added that the deal with Qatar Sport Investment would finish when the current board’s mandate ends. Barca president Sandro Rosell and his board of directors had been lobbying members to vote in favour of the agreement amid criticism the club was compromising its ideals. The Spanish and European champions were one of the few sides in world soccer not to have a corporate logo on their shirts, instead displaying the name of the United Nations Children\'s Fund (UNICEF), for which they paid the organisation 1.5 million euros ($2 million) a year. Their shirts now carry the name Qatar Foundation on the front, with UNICEF relocated to the back below the player\'s name.Some members spoke out against the deal, pointing to what they said was Qatar\'s poor human rights record. Barcelona made a loss of 9.3 million euros last term, less than half the 24.1 million originally expected, while revenue rose 14 percent to a record 473 million euros. A net profit of 20.1 million euros has been budgeted for the current season, with income projected at 461 million euros. Earlier, Barca coach Pep Guardiola posted his support for Qatar in the run-up to the vote in which he extolled the Gulf state, calling it \"the most open Muslim country\". Guardiola, who played for Qatar\'s Al Ahly between 2003 and 2005, added: “It’s very good that we debate this and also a very good decision of the board’s to let the members decide on it. It’s one of the healthy democratic values we have. \"I can tell you that I lived for two years in Qatar and my family and I received wonderful treatment.\" Barcelona\'s legendary former Dutch coach Johan Cruyff is among the high profile opponents of the Qatar Foundation deal, calling it \"vulgar\". The Qatar Foundation, founded in 1995, has set up projects focusing on education, scientific research and community development, mainly in the Middle East. Barcelona won the Spanish league and the Champions League last season but despite success on the field the club is struggling financially.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

barca members vote to keep 225m qatar shirt deal barca members vote to keep 225m qatar shirt deal

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

barca members vote to keep 225m qatar shirt deal barca members vote to keep 225m qatar shirt deal

 



GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 10:06 2011 Friday ,02 December

Cold weather expected in Bahrain

GMT 08:44 2017 Thursday ,07 September

Kurdish Peshmerga is ready with plan to liberate Hawija

GMT 13:43 2017 Wednesday ,17 May

One dead, 89 other injured in 251 incidents

GMT 10:31 2011 Monday ,13 June

China flood deaths rise, more rain expected

GMT 12:38 2011 Wednesday ,28 September

Milan Fashion Week: Marni S/S 2012

GMT 23:09 2016 Friday ,30 September

Premier League corruption claims a lie, says agent

GMT 12:26 2017 Monday ,06 November

Shaji's brainchild T10 could open

GMT 10:23 2017 Thursday ,23 November

AQUARIUS (January21st-February19th)

GMT 09:42 2017 Tuesday ,19 December

Doha and its arms purchase policy

GMT 04:49 2017 Thursday ,15 June

Enjoy up to 80% discount

GMT 01:20 2017 Saturday ,30 September

Relatively hot weather in UAE forecast

GMT 09:16 2017 Monday ,09 October

Rashi Hosni: Latest match was difficult
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice