Connect with us

Hi, what are you looking for?

Tottenham Kit Contract Deal value

Money

Tottenham Kit Deal With Nike Until 2033 | Contract Worth Of £450 Million For The Next Fifteen Years

Nike is the official kit supplier for Tottenham Hotspur. The American Sportswear brand officially became the club kit supplier in 2017. However, in 2018, the two reached an agreement that see a fifteen-year contract extension. Tottenham Kit Contract Deal with Nike is now worth £30m per year.

Let’s take a look at the financial numbers behind Tottenham Kit Contract Deal with Nike:

ContractDetails
Kit SupplierNike
DURATION15 years (2018-2033)
Yearly payments£30 million
Total payment over 15 years£450 million
Any performance-related clauses?£5 million a year will be added to the yearly deal if Tottenham wins the Premier League.

The current contract of Tottenham is now worth £450 million over the next fifteen years. This deal is Nike’s longest kit supplying deal in sportswear history.

Moreover, the contract has the clause of an additional £5 million a year. However, it can only be activated if the club wins the premier league.

Tottenham Shirt sponsorship Contract Deal

Tottenham Shirt sponsorship deal with AIA is currently the second most valuable deal in terms of the total value. They are only behind Real Madrid in terms of Total financial revenue. Tottenham shirt sponsorship contract with AIA is worth of total £340 million for over eight years.

let’s take a look at the digits behind the Spurs contract:

CONTRACTDETAILS
Duration8 years (2019-20 season to 2026-27)
Yearly payments£40 million a year
Total payment over 8 years£320-340 million
Any performance-related clauses?£3 million a year will be wiped off the yearly deal if Tottenham fails to qualify for Champions League.

AIA is a Hong-kong based life insurance company that first signed a deal with Spurs in 2013. Since then, AIA became the Principle Sponsor & Main partner of the club.

Initially, The deal was not worth that match and AIA only has access to its logo appearing on the front of Spurs’ matchday kits for their cup games. However, The deal was later extended in 2017 until 2022 which saw the club making £30 million a year.

In July 2019, the two go through the contract again and refurbished their partnership with an eight-year, £40m-a-year extension.


AIA’s visibility across Spurs’ channels has made the insurance company a household presence across the footballing scene.

Tottenham Sleeve Contract Deal

Before 2021, Tottenham doesn’t have any sleeve sponsorship contract. However, in January 2021, Surrey-based Online car retailer “CINCH” was announced the club’s official sleeve sponsor. Both parties signed a 5-year deal worth £5 million a year.

The deal sees the cinch logo appear on the left sleeves of the matchday kits of both the men’s and the women’s teams of the club. The two parties also work together over several marketing campaigns.

Conclusion

Tottenham Kit deals with Nike worth £30 million per year & £450 million over the course of fifteen years. It is Nike’s longest kit supply deal.

AIA is the club’s principal sponsor & main partner. Both signed an extended eight years deal which is worth £40 million per year.

However, the club has a clause in both deals, that can earn them a combined £8 million per year if they secure champions league qualification and win the premier league.

Written By

High on sports since forever, aspiring sports journalist and a FC Barcelona fan. Enjoys writing articles on any sport. Can also be considered a F1 bandwagoner.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

FIFA World Cup 2022

FIFA World Cup 2022 will be taking place in Qatar starting from 21st November and will be played through 18th December 2022. 32 teams...

Money

Handball, the team game, is making its position in the world sports as the thrill and number of events goes on increasing. There are...

Money

Ultimate Fight Championship holds the greatest MMA competitions and provides the world a chance of recreation. In the last decade, it got famous and...

Team Salaries and Contracts

Celtic is hopeful to have a good season in the Scottish Premiership 2021-22. The club qualified to the Europa League finishing behind the league...