FC Barcelona, one of the world’s most successful football clubs, is set to appeal a ruling that could have a major impact on the club. The dispute centers around a sponsorship agreement with Gavi, a Spanish company that specializes in sports marketing.
In 2017, Gavi signed a five-year sponsorship deal with FC Barcelona worth €220 million. However, in 2019, Gavi terminated the contract due to alleged breaches of contract by the club. FC Barcelona then sued Gavi for €50 million in damages.
Recently, a Spanish court ruled in favor of Gavi, ordering FC Barcelona to pay €3.5 million in damages for breach of contract. The court also ruled that Gavi was entitled to €10 million in compensation for the termination of the contract.
FC Barcelona has now announced that it will appeal the ruling. The club believes that the court’s decision was unfair and that it should not be held liable for any damages. The club also argues that Gavi was in breach of contract and should not be entitled to compensation.
The outcome of this dispute could have major implications for both parties. If FC Barcelona is successful in its appeal, it could save the club millions of euros in damages. On the other hand, if Gavi wins, it could be entitled to a significant amount of compensation from the club.
The case is now set to go before an appeals court and both parties are preparing their arguments. It remains to be seen how the court will rule and what impact this dispute will have on both FC Barcelona and Gavi.