Tottenham are suing Man Utd co-owner Sir Jim Ratcliffe's firm INEOS over the company withdrawing from a sponsorship contract.
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Firm quits deal two years earlyINEOS blames cost-cutting on green policiesDispute comes one month after Europa League finalFollow GOAL on WhatsApp! 🟢📱WHAT HAPPENED?
Tottenham's lawyers filed a lawsuit on Thursday against INEOS Automotive as a consequence of the firm exiting a sponsorship agreement with the club three years into the five-year deal. According to , the multi-million pound deal was signed in December 2022 to promote the Ineos Grenadier car as Spurs' official 4×4 vehicle partner. INEOS had held talks over the last few months over withdrawing from the deal but failed to come to an amicable agreement, leading to the lawsuit.
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Spurs are not the only team to have been left angry over INEOS withdrawing from a sponsorship deal. The firm stopped sponsoring Sir Ben Ainslie's sailing team earlier this year and pulled out of a deal with the All Blacks rugby team. The All Blacks also took legal action against Ratcliffe's firm but withdrew it after a deal was reached.
WHAT INEOS SAID
INEOS explained in a statement to that the firm had a contractual right to terminate the partnership and did so in December 2024.
"Ineos Automotive has been a partner of Tottenham Hotspur since 2022, taking on a partnership agreement that Ineos Group had in place with the club since 2020.
"Like any business, we have to be diligent in how we operate and where we invest marketing budgets. It’s completely normal for partnerships to be reviewed on a regular basis, and we’ve decided that the partnership wasn’t working out for us. We have the right to terminate the partnership."
DID YOU KNOW?
The legal dispute between Tottenham and INEOS comes less than a month after Spurs beat United in the Europa League final to earn qualification for the Champions League, worth an estimated £100m ($135m).