In a major development, Dutch multinational company, Philips, have officially announced that they have agreed a deal with FC Barcelona to become of their main sponsors.
As part of the agreement, the logo of Ambilight TV, a technology developed by Philips, will appear on the sleeves of the Barcelona first-team jersey, starting from this weekend’s home match against RCD Mallorca on May 28.
The official statement announced by the company read: “TP Vision, the company responsible for the design, manufacturing and sales of Philips TV, Philips Sound and AOC Audio products has announced a new partnership with legendary global football team, FC Barcelona, as a Main Partner for TV, Display and Audio devices.
“As one of the club’s three Main Partners, Ambilight TV will appear on the sleeve of the men’s first-team football shirt from May 28th to coincide with the final matches of the 2022/23 season.”
Welcoming the agreement, Barcelona’s marketing vice-president Juli Guiu, said: “We are very proud to welcome TP Vision as a new Main Partner of FC Barcelona.
“Barça has always stood out for its committed quest for excellence, both on and off the field of play, and this agreement is another successful example of this because we are partnering with a world-leading company in the field of electronics and audiovisual technology.”
As part of the agreement, TP Vision will also become the TV & Display provider for the audiovisual infrastructure of the new Spotify Camp Nou once the stadium reconstruction is complete.
While the statement from Philips does not announce the duration of the agreement, it has been previously reported that they will be signing a three-year contract with Barcelona, with an additional option of two more.
Barça would earn €8 million for the first year of the contract, while the revenue will increase to €10 million for the second year and €12 million for the third.
If the option of the additional two years is taken up, the Blaugrana will earn €12 million in the fourth year and €14 million in the fifth year of the agreement.
