Barcelona have received a timely financial boost after confirming a sleeve sponsorship deal with the technology firm Phillips.
The new contract means the Dutch tech company logo will appear on Barcelona's sleeves for three years, according to Mundo Deportivo.
There is also an additional two years as an option, but they fall outside the mandate of the current board of directors, chaired by Joan Laporta, and would have to be ratified by both parties.
Talks with the Dutch multinational have been spearheaded by Barcelona brand director Sergi Ricart, and Juli Guiu, the club's vice-president of marketing.
Additional income to next season's budget is very important for Barcelona, as the club try to convince LaLiga that their finances have the capacity to make new signings in the summer.
Barcelona's deal with previous shirt sleeve sponsor Beko ended in 2021, and it was leaving a significant sum of money on the table, with the brand also appearing on training clothes.
Phillips will also supply the television sets and monitors at the newly revamped Spotify Camp Nou - internally valued at €4m (£3.48m), although they will not be responsible for stadium lighting, despite talks to that nature during the sponsorship discussions.
Mundo Deportivo reported that Phillips will pay €8m (£6.96m) in the first year, increasing to €12m (£10.44m) in the third year.
Additional years, if granted by both parties, would be €12m in year four and then increasing to €14m (£12.18m) in the fifth year.
There would also be additional income for trophies won - and comes less than a week after Barcelona sealed their first LaLiga title in four years with weeks to spare in the season.
With this agreement with Phillips, and others that are being negotiated, the Catalan giants are seeking a record for sponsorship income.
Barcelona need to bring in a huge sum of money in order to comply with Financial Fair Play rules - and earlier this week, manager Xavi was reportedly telling players that they were being sold to help contribute to their spreadsheet.
They are also continually linked with getting Lionel Messi back to the club, as his two-year stint in Paris draws to a close, with president Laporta saying Barcelona would do 'everything' in their arsenal to bring the club legend back to Camp Nou.