Imagine the scenes if he donated part of the damages to a trust set up to help employees affected by the mass layoffs at Man Utd
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Imagine the scenes if he donated part of the damages to a trust set up to help employees affected by the mass layoffs at Man Utd
It will have to be imaginationImagine the scenes if he donated part of the damages to a trust set up to help employees affected by the mass layoffs at Man Utd
Apologies if not the right place to post it. Couldn't see another type of thread for it
www.nytimes.com
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.
In December 2022, Tottenham announced a “multi-year deal” to make the INEOS Grenadier the team’s “official 4×4 vehicle partner”, with the Grenadier logo featuring on headrests in the stadium dugouts and on matchday advertising.
Spurs and INEOS first partnered in 2020 during the Covid-19 pandemic, where it became the club’s “official hand sanitiser supplier”.
On Thursday, Tottenham filed a legal claim against the company’s subsidiary INEOS Automotive Limited.
In a statement on Friday, INEOS said: “We have a contractual right to terminate our partnership contract (with Tottenham) and in December 2024 exercised that right.”
Founded by British billionaire Sir Jim Ratcliffe, INEOS bought a 27.7 per cent stake in United in February 2024, which increased to 28.94 in December 2024 due to a pre-existing commitment at the time of the takeover.
Since becoming part-owner of the club, Ratcliffe has overseen drastic cost-cutting measures at United, which included making 250 staff members redundant last summer and a further 100 in March.
In February, New Zealand Rugby (NZR) launched legal action against INEOS after it allegedly cut short a long-term sponsorship agreement.
NZR claimed that INEOS — which announced what it called a “unique new six-year partnership” with the rugby body in 2021, beginning in 2022 through to 2028 — did not pay the first instalment of its sponsorship fee for 2025.
In response, INEOS pointed to a change in “trading conditions” caused by high energy costs and added it had hoped to find a “managed solution” to the issue.
The two sides confirmed that they had reached an agreement to settle the dispute in April.
INEOS also owns one-third of the successful Mercedes F1 team and the INEOS Grenadiers Tour de France-winning cycling team.
It also owns the INEOS Britannia sailing team, which reached the final of the America’s Cup before losing to Emirates Team New Zealand in October, but withdrew its challenge for the next America’s Cup in April. It had been announced in January that INEOS had split with team principal and skipper Ben Ainslie, the four-time Olympic champion.
INEOS is also a performance partner of the NN Running Team, comprising over 50 athletes from eight countries.
Tottenham take legal action against INEOS over withdrawal from sponsorship deal
Sir Jim Ratcliffe's INEOS owns a minority stake in Manchester United, and terminated its agreement with Spurs last December.
www.nytimes.com
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.
In December 2022, Tottenham announced a “multi-year deal” to make the INEOS Grenadier the team’s “official 4×4 vehicle partner”, with the Grenadier logo featuring on headrests in the stadium dugouts and on matchday advertising.
Spurs and INEOS first partnered in 2020 during the Covid-19 pandemic, where it became the club’s “official hand sanitiser supplier”.
On Thursday, Tottenham filed a legal claim against the company’s subsidiary INEOS Automotive Limited.
In a statement on Friday, INEOS said: “We have a contractual right to terminate our partnership contract (with Tottenham) and in December 2024 exercised that right.”
Founded by British billionaire Sir Jim Ratcliffe, INEOS bought a 27.7 per cent stake in United in February 2024, which increased to 28.94 in December 2024 due to a pre-existing commitment at the time of the takeover.
Since becoming part-owner of the club, Ratcliffe has overseen drastic cost-cutting measures at United, which included making 250 staff members redundant last summer and a further 100 in March.
In February, New Zealand Rugby (NZR) launched legal action against INEOS after it allegedly cut short a long-term sponsorship agreement.
NZR claimed that INEOS — which announced what it called a “unique new six-year partnership” with the rugby body in 2021, beginning in 2022 through to 2028 — did not pay the first instalment of its sponsorship fee for 2025.
In response, INEOS pointed to a change in “trading conditions” caused by high energy costs and added it had hoped to find a “managed solution” to the issue.
The two sides confirmed that they had reached an agreement to settle the dispute in April.
INEOS also owns one-third of the successful Mercedes F1 team and the INEOS Grenadiers Tour de France-winning cycling team.
It also owns the INEOS Britannia sailing team, which reached the final of the America’s Cup before losing to Emirates Team New Zealand in October, but withdrew its challenge for the next America’s Cup in April. It had been announced in January that INEOS had split with team principal and skipper Ben Ainslie, the four-time Olympic champion.
INEOS is also a performance partner of the NN Running Team, comprising over 50 athletes from eight countries.
Just seen this ; as much as Daniel’s commercial acumen may have held us back ( footballing-wise ) I’m confident that our man Dan will whup Ineos’ backside on a purely business / financial matter . He’s Pele Beckenbauer , Cruyff and Hoddle combined when it comes to these sort of things . It’s what he does best ( and possibly unfortunately for the rest of us ) seems to enjoy the most .
TBF, we've known for at least 4 months we were going to sack Ange so we had a lot of time to prepare.
Practice makes perfect , how many managers has he sacked in 25 years now 15 or 16 .TBF, we've known for at least 4 months we were going to sack Ange so we had a lot of time to prepare.
Won't lawyers be handling this?
If Daniel Levy sells Tottenham, this is what they would be worth
Club’s value is based largely on immense revenue driven by having the best stadium in the country in a prime location
www.telegraph.co.uk
More hint of rumours at Levy being open to selling.
Gareth Bale is in talks to front a takeover
Plymouth
Yeah you got me man.
If Daniel Levy sells Tottenham, this is what they would be worth
Club’s value is based largely on immense revenue driven by having the best stadium in the country in a prime location
More hint of rumours at Levy being open to selling.
Thanks for posting. It’s a weird article in a way, written by a Telegraph cricket correspondent. Why write it, is it an advert for the club. It partly comes across like that. Someone wanted it written, but who I wonder?
A reminder never to read the telegraph reader comments. There are some strange views out there, it’s worse than twitter!
Levy 'IN' reaches the 50 milestone 
These articles are all very well but surely even the deputy cricket correspondent of The Daily Telegraph should know that even though Levy is the focal point of anything about Spurs he is not the majority owner of the club the final desicion to sell may well not be his.
PS And if there was any serious intention to sell would Levy be appointing a new CEO who was also appointed on to the board of directors , unlike Munn who never got that far up the heirachy and a new manager , last couple of clubs to change owners like Newcastle and Everton immediately installed their own choice of managers.
I think Levy/ENIC are here for another season at least.
PS And if there was any serious intention to sell would Levy be appointing a new CEO who was also appointed on to the board of directors , unlike Munn who never got that far up the heirachy and a new manager , last couple of clubs to change owners like Newcastle and Everton immediately installed their own choice of managers.
I think Levy/ENIC are here for another season at least.
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Two more on the payroll , it’s why we can’t afford any decent players .Levy 'IN' reaches the 50 milestone
How weird is that comments section pushing Maga crap, and full of Chelsea fans shitting on the area like it's 1990. It's a bizzare shit stain of a paper but even for thd Torygraph it's nasty.
If Daniel Levy sells Tottenham, this is what they would be worth
Club’s value is based largely on immense revenue driven by having the best stadium in the country in a prime location
More hint of rumours at Levy being open to selling.
That article is so appalingly pro Levy it's 100% been leaked by the club.