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Tottenham start legal proceedings against INEOS over terminated sponsorship deal
@Source: standard.co.uk
Tottenham have filed High Court proceedings against Manchester United co-owner Sir Jim Ratcliffe's company INEOS over a terminated sponsorship agreement.
Court records show Spurs filed a commercial claim at the High Court against INEOS Automotive on Thursday, though no documents are available.
Chemicals firm INEOS agreed a five-year deal with Spurs in 2022 - before Ratcliffe bought a stake in United - for INEOS Grenadier to become the London team's official 4x4 vehicle partner.
INEOS said in a statement: "INEOS Automotive has been a partner of Tottenham Hotspur since 2022, expanding on a partnership agreement that INEOS Group had in place with the club since 2020.
"We have a contractual right to terminate our partnership contract and in December 2024 exercised that right."
Spurs declined to comment.
In March it was announced INEOS had reached a settlement with New Zealand Rugby (NZR) in relation to a sponsorship deal.
The previous month, NZR had said it had launched legal proceedings against INEOS after alleging that the first instalment of 2025 sponsorship money due under a six-year agreement struck in 2021 had not been paid.
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