Tottenham chairman Levy closing on stadium naming rights deal

Football
12 Jul 2021 • 11:59 AM MYT
Tribal Football
Tribal Football

Tribal Football covers news from the Premier League, LaLiga and Serie A

Tottenham chairman Daniel Levy is closing on a naming rights deal for Tottenham Hotspur stadium.

The Daily Mail says Levy is rumoured to be in advanced talks on naming rights for Tottenham's stadium and a deal could be confirmed before the new season.

It has been more than two years since the Tottenham Hotspur stadium opened and it still does not have a naming rights sponsor. But sources claim Levy and the Spurs hierarchy are close to a breakthrough.

The news will come as a potentially massive boost to Tottenham after seeing their finances badly hit over the past 18 months due to the stadium lockouts in England.

Following two years of record profits, the club recorded losses of £63.9million for the year ending June 30, 2020.

Tottenham were already more than £600m in debt as they look to pay off the costs of the £1.2billion stadium complex, which opened in 2019.