Sports

CBF wants Nike to pay royalties for national team jerseys – 18/09/2022 – Esporte

Encouraged by the gross sales figures for the Brazil team’s World Cup jerseys, CBF (Brazilian Football Confederation) president Ednaldo Rodrigues just lately requested advisers how a lot the group would obtain in royalties from Nike.

“Nothing” was the reply.

Next month, Rodriguez will meet for the primary time since he was elected to the put up in March this yr, with executives from the North American multinational, the CBF’s oldest sponsor. The requirement to pay a share of blouse gross sales grew to become one of many gadgets on the agenda, it discovered Sheet.

Among the 32 groups certified for the World Cup in Qatar, which is able to start in November this yr, Nike has a contract to provide sports activities gear with 13. Last week, the corporate formally launched the design of the uniforms that will likely be utilized by groups together with Brazil .

Contacted for the report, CBF mentioned it doesn’t touch upon its contracts. Nike didn’t reply.

At the assembly with the corporate’s executives, Enaldo Rodríguez also needs to discuss in regards to the introduction of an anti-corruption clause within the contract requested by Nike. The sports activities gear provider wants to put it on paper after the scandals with the final presidents of the confederation. Rodriguez says he accepts the thought and is taking the initiative to focus on it. .

Ricardo Teixeira, Marco Polo Del Nero, and Jose Maria Marin had been implicated in Fifagate, the investigation into corruption in FIFA (the International Football Federation) by the FBI, the United States federal police. Marin is arrested, and Del Nero might undergo the identical destiny if he leaves Brazil. Rogério Caboclo was finally faraway from the presidency after a sexual harassment criticism.

Nike had proposed up to now to embrace the clause, however the concept was rejected.

CBF can be negotiating a contract extension that would final till 2030, offered money is paid to the corporate on the time of signing.

Nike’s contracts with national federations are confidential, however the CBF is making an attempt to discover out whether or not the corporate pays commissions to different groups for shirt gross sales. Even if the corporate would not, the declare will nonetheless stand.

There is a precedent. During the 2021 Copa America, Chile was in litigation with Nike over a contract dispute. One of the complaints is that the sports activities gear provider withheld funds that ought to have been made to the national federation. One of those relates to royalties from uniforms offered between July 2019 and July 2020.

In golf equipment, such fee is widespread. In the English Premier League, the richest home league on the planet, the usual is for the team to obtain 7.5% of the worth of every shirt offered. According to the British press, Liverpool had the best share in negotiating his contract: 20%. The provider of the membership uniforms is Nike.

The multinational firm has been a sponsor of the CBF since 1996. The doc was signed through the administration of Ricardo Teixeira and is stuffed with controversy. THE Sheet acquired in 1999 a duplicate of the unique settlement during which the confederation ceded a part of the management of the Brazilian team to the North American firm.

The team can have opponents chosen by Nike in 50 pleasant matches over ten years. In every of them, a minimum of “eight” of the choice have to be on the sphere.

According to a report by ESPN Brasil, the CBF presently receives US$35.5 million (R$187.8 million at present costs) per yr from Nike. That’s nearly double what Adidas pays to sponsor Argentina (about US$20 million or R$105.8 million).

According to a stability sheet revealed on the CBF web site, the group acquired R$575.7 million in sponsorship final yr. Contracts relating to the Brazilian team symbolize 98% of this quantity.

.

Leave a Reply

Your email address will not be published.