Co-owners of Manchester United have concluded an early exit from their sponsorship agreement with Tottenham after a payment agreement was reached, Inside Sport understands.
Last month we reported how friendly discussions took place with a view to the petrochemicals of Sir Jim Ratcliffe who withdrew prematurely from a five -year deal signed in 2022.
Ineos were the official 4 x 4 partner of Spurs via their Grenadier vehicle and the remarkable sight of their branding on the dugouts and advertising screens during a rival for the Premier League was the result of a deal that was well signed for their involvement at Old Trafford and thought they were worth a few million per season.
However, it was no longer visible in the victory of Tottenham's Europa League in AZ Alkmaar on Thursday evening.
And e -mail sport is told that a deal has been agreed that Ineos pays a 'not insignificant amount' that is thought in the millions to end the deal.
Although it saves the Ratcliffe company and ends a non-over-appearance, it also makes it free to look for a new sponsor. The North -London club can very well look for a more lucrative general automotive deal as a replacement for the 4 x 4.
The situation certainly seems to have played in more harmony than the attempt by Ineos to conclude early from their sponsorship agreement with the All Blacks, who have taken legal steps on a withdrawal on an agreement that only ended in 2027.
A partnership with the American Cup team of Sir Ben Ainslie has also been terminated, while the Daily Telegraph reported earlier this week that Ineos' a third deployment in Mercedes Formula 1 was also threatened, with conversations that are in progress, while they want to fully concentrate on United.
Comments