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🚨 Tottenham Hotspur have started legal proceedings against Sir Jim Ratcliffe's INEOS over a terminated sponsorship deal. INEOS had agreed a 5-year deal with Spurs in 2022 – before Sir Jim Ratcliffe bought a stake in Man Utd. Since, they have exited the sponsorship deal https://t.co/uRJkE84EYW
INEOS, the petrochemical company which owns a minority stake in Manchester United, is being sued by Tottenham Hotspur after withdrawing from a sponsorship agreement with the Premier League club. More from @mjcritchley and @jaydmharris ⤵️ https://t.co/lWTkW3ug62
Tottenham Hotspur sue Sir Jim Ratcliffe's company Ineos over bungled sponsorship deal https://t.co/cwSBfqy5y2
Tottenham Hotspur has filed a claim in London’s High Court against INEOS, the petrochemicals group controlled by billionaire Sir Jim Ratcliffe, over the termination of a sponsorship agreement. The five-year partnership, signed in 2022, was cancelled after Ratcliffe’s firm acquired a minority stake in Manchester United. Tottenham alleges breach of contract and is seeking compensation believed to run into several million dollars. The case sets two Premier League rivals on opposing sides of a commercial dispute and highlights growing scrutiny of cross-club corporate ties. Neither Tottenham nor INEOS has provided further public details about the proceedings.
