Barcelona, the famous football club based in Spain, has announced that its sponsorship revenue has surged by 12% to record high levels.

The news comes as a result of the club's strong performance on the pitch and off it. The club has been one of the most successful teams in world football for many years now, and this success has helped to attract major sponsors to their brand.

According to the club's CEO, Jordi Mestre, the increase in sponsorship revenue is a testament to the hard work and dedication of the players, coaches, and staff at the club.

Mestre also highlighted the importance of the club's partnership with Nike, which has supported Barcelona's efforts to remain competitive on the international stage.

"Nike has been a key partner for us over the past few seasons, and we're delighted to see our relationship continue to thrive," Mestre said.

"We're looking forward to building on our success together in the coming years."

Overall, the rise in sponsorship revenue is a positive sign for Barcelona and its supporters. It shows that the club's efforts to maintain its position at the top of European football have paid off, and that they will continue to be a force to be reckoned with in the sport for years to come.