Ineos seeking early exit from Spurs sponsorship

Man United co-owners Ineos have entered into talks with Premier League rivals Tottenham Hotspur aimed at making an early exit from their sponsorship of the north London club. Mail Sport understands that what have been described as amicable discussions are taking place between both parties with a view to the petrochemicals giant withdrawing prematurely from a five-year deal signed in 2022.

Ineos, owned by Sir Jim Ratcliffe, are the official 4 x 4 partner of Spurs via their Grenadier vehicle and their branding is prominent in the dugouts at the club’s impressive new stadium. The Ineos logo also regularly appears regularly on advertisement hoardings and was seen throughout Spurs’s 1-0 win over United on Sunday. It is thought the agreement runs to several millions per season. However, they are currently reducing their sporting portfolio. Last week, New Zealand Rugby announced that they were taking legal action, after Ineos made an early exit from a sponsorship deal with the All Blacks worth £3.7m a year that is not due to end until 2027. A partnership with Sir Ben Ainslie’s America’s Cup team has also been terminated, while Ineos’ one-third stake in Mercedes Formula 1 was also at threat, with talks ongoing.

tbf sponsoring both Man Utd and Spurs must be awful for Ineos and doubt RATcliff was too impressed when Spurs managed to beat Man Utd recently, demonstrating just how poor they are playing nowadays (even the manager don't want to be there).