Home » Report: Spurs in discussions over a £500-million naming rights agreement

Report: Spurs in discussions over a £500-million naming rights agreement

By Eddie Razo -

Tottenham Hotspur is hoping to secure naming rights for their stadium, and it appears as though they’re heading in the right direction. According to Football Insider, the north London club has hit a new step with talks carried over an agreement worth up to £500-million. 

Spurs announced a loss of £84-million after tax in their most current set of financial results, and acquiring naming rights for the stadium would open a vast new potential revenue stream.

The report adds that the Tottenham board is waiting for a possible naming rights partner to pay for a deal worth £25m-a-year. Furthermore, Tottenham had anticipated that a 10-year agreement with any naming rights partner could be the most reasonable to secure that type of deal. 

However, Football Insider adds that Spurs now believe that negotiations have taken place with one company over a potential 20-year deal to secure the finances they want from this agreement.

The north London club wants to pay off the £600-million debt collected from the expenses of the £1.2-billion stadium complex that opened in 2019. But, up to now, no organization has been willing to spend the £25-million that Tottenham has made their condition clear.

Tags NewsNow Tottenham Hotspur Tottenham Hotspur stadium
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Paddio
Paddio
10 months ago

In negotiations AGAIN, says it all. But what for a section of the fans say what a deal Levy has done….

Billy Tonsils
Billy Tonsils
10 months ago

Jackanory

Ted
Ted
10 months ago

Sorry, quoting Football Insider? You’re better than this.

Sid Trotter
Sid Trotter
10 months ago

Do we really want to be the Gazprom stadium

Billy Tonsils
Billy Tonsils
10 months ago

One Emerson Royal a season…

Archibald&Crooks (SC)
Archibald&Crooks (SC)
10 months ago

So £600m @ £25m pa = no additional spend on players?

JimmyGrievance
JimmyGrievance
10 months ago

A team capable of winning something could probably get double the amount.

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