The minority owners of Manchester United want to end a multi-millions of sponsorship contract with Tottenham Hotspur, a report claims.
The multinational conglomerate, which is responsible for the daily decision-making in Old Trafford, has two years with a five-year contract that you signed with Spurs to promote an off-road supply vehicle, the Ineos Grenadier called Ineos Grenadier.
The times Report that the deal is worth several million pounds per year and that the sponsorship of the dugout seats in the Tottenham Hotspur Stadium and on digital advertising boards around the edge of the field.
The organization of Sir Jim Ratcliffe is already involved in a legal dispute with the New Zealand Rugby after spending a sponsorship payment of 3.7 million GBP per year and separating from Sir Ben Ainslie’s America’s Cup team a month ago.
In the case of united, cost reduction measures were also carried out, with a large number of employees being superfluous – and possibly more – to completely revise the way the club is operated. It has left an acid taste in the mouths of many supporters, with terrible appearances on the field, to raise the darkness that devours the old traffic.
Head coach Ruben Amorim announced on Friday at a press conference that the responsibility for the problems of United from the players of the first team who still have difficulty adapting to the methods of the former sporty CP boss.
“I think it is really important for us in the first team, coach and player, not to ignore that,” said Amorim. “People lose their work, so we have to recognize that the biggest problem is the football team. We spend the money. We do not win. We are not in the Champions League, so the income is not the same.
“We have spent a lot of money in the past and now we have to be careful with the finances and don’t build the team as we want.”
Ineos’ discussions with Tottenham to end their agreement are described as “friendly”, which indicates that Council cliffs may not encounter the problems with which he has ended other business.