I wonder if by the end of those eight years I'll have worked out what AIA actually is.
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Why have I read people on here talking about it being a 10 year deal? We're in 2019. The deal runs until 2027:avbfacepalm:
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Looks like we have just signed a new 8 year deal with AIA. Guess we'll have the bloody red logo for the foreseeable! What do people think?
www.telegraph.co.uk
Tottenham chairman Daniel Levy says club will spend to improve squad after sealing £360m shirt sponsorship deal
Daniel Levy has reassured Mauricio Pochettino that Tottenham Hotspur will finally splash the cash in the transfer market following the move to their new £1 billion stadium.
www.telegraph.co.uk
The longer deal may also mean more money up front, which in turn means less interest to pay on stadium debt, counteracting the potential inflationary effect on the value. But let's be real - this is all simplified compared to the actual details and economics, few of us know enough about economics and none of us know the details. What we do know is that this deal at face value is broadly comparable to Woolwich, City, Chelsea and Liverpool, and that it's been negotiated by somebody who hasn't let us down so far on the business and commercial front. That's good enough for me!
Long deal at a good price at the moment. In 8 years it may be cheap but this is presumably about getting some of the money up front fir the stadium.
It's a fucking incredible deal! Outside of "our" Spurs bubble we have millions and millions less "fans" than Chavs, Woolwich and Liverpool, our reach is nowhere near theirs but here we are matching the revenue they get from their Shirt Sponsors!! Seriously this will cause Liverpool, Chavs and Woolwich to twitch and has now made their deals look outdated given their commercial reach (brand recognition) is substantially bigger than ours.
Because it's a multi-year deal, it doesn't mean it will not be re-evaluated thought this period. The last deal we singed with AIA still had 2 or 3yrs still to run, ergo it didn't run the contract length, same can apply to this deal.
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Worth noting that this deal replaces a much smaller deal hat had a few years to run.
So it MAY be that in another 4 or 5 years another deal will replace this one - at a higher price.
Yes that's what we are both saying, there has to be a break clause or bonus in this deal otherwise it does not make sense.
Not really. 20% less time for inflation to render it the poor deal that you're making it out to be.
Thought we had a new deal there for a second
I'm hearing their new slogan is "Getir - Rome wasn't built in a day. Something about world-class logistics facilities"Getir are all about successful, quick and efficient delivery. I wonder if they're reconsidering their decision to link themselves with us?
ochsulk:Agree. Apparently it is similar to the deals of Arse, Cheski and the Dippers, but i imagine the guaranteed income over such a long period was a defining factor given the stadium cost.
Assume Levy is no mug but 40m for10 years is not good.
Better have some inflation busting growth in there.
40m a year in 2027 will be feck all.
Better have some inflation busting growth in there.
40m a year in 2027 will be feck all.
£320 Million? That's the stadium over spend sorted.And then what with the houses we are selling...Looks like we have just signed a new 8 year deal with AIA. Guess we'll have the bloody red logo for the foreseeable! What do people think?
Tottenham chairman Daniel Levy says club will spend to improve squad after sealing £360m shirt sponsorship deal
Daniel Levy has reassured Mauricio Pochettino that Tottenham Hotspur will finally splash the cash in the transfer market following the move to their new £1 billion stadium.
Gareth Bales wages anyone?