FC Barcelona used social media and an email sent to the press to announce its new sponsorship deal with Nike which is believed to be the highest-paid in soccer.

LaLiga giants Barcelona have announced a new multi-year agreement with kit supplier Nike which will help to further alleviate their financial problems.

It appears months of negotiations have finally paid off for Barcelona, who have finally officiated their agreement with Nike.In a recent statement, the club have confirmed the start of a new