Spurs: What's the latest on Harry Kane?
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Tottenham are set for a big transfer boost as they are reportedly close to agreeing a new training kit sponsorship deal. The news comes as a huge boost to the cash-strapped club, who are yet to make a signing this summer.
New boss Nuno Espirito Santo is set for a busy summer with several signings needed and a couple of stars wanting to depart the Tottenham Hotspur Stadium.
Spurs finally ended their near three-month search for Jose Mourinho’s successor by appointing Nuno at the end of June.
Chairman Daniel Levy and sporting director Fabio Paratici came close to appointing a new head coach on three separate occasions before landing on the former Wolves boss.
A chaotic recruitment process saw deals for Antonio Conte, Paulo Fonseca and Gennaro Gattuso fail at the final hurdle.
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Nuno, who departed Wolves after the last game of the 2020-21 season, will now crack on with transfer plans but has just 33 days before Tottenham’s difficult first Premier League match against Manchester City.
The Portuguese coach will need Levy and Paratici to move fast for transfer targets, and they could be helped by additional funds.
Football.London report that the North Londoners are close to announcing a new training kit sponsorship deal, similar to ones struck by the likes of Liverpool and Chelsea.
Clubs across the football pyramid have had their finances ripped apart by the restrictions thrust upon the sport by the pandemic and several lockdowns.
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The absence of supporters inside stadia has seen clubs lose a significant portion of their income.
Levy has said the Spurs are set to lose around £200million in revenue due to not being able to fill the Tottenham Hotspur Stadium for matches, events and concerts.
They have operated through the crisis thanks to a £175m Bank of England loan which was repaid last month.
Premier League rivals Liverpool signed a four-year £80m deal with multinational insurance firm AXA in 2018.
AXA sponsor the Reds’ training kit and the agreement has since been expanded to allow them to sponsor their new Kirkby training base.
Chelsea recently agreed similar terms with hotel comparison website Trivago.
Manchester United fan protests and boycotts of the club’s sponsors led to American insurance firm Aon pulling out of a huge £120m contract with the 20-times top-flight champions.
Spurs are expected to announce a new training kit deal with the sponsor emblazoned across their Nike wear.
The club were also believed to be searching for a huge package to allow stadium sponsor, with the winning company possibly being allowed to have naming rights.
Any fresh sponsorship deals would likely help Nuno’s transfer business as he looks to overhaul a squad that has had two disappointing campaigns.
Spurs finished seventh in the Premier League last season after interim head coach Ryan Mason replaced Mourinho in mid-April.
Fiorentina defender Nikola Milenkovic is believed to be a potential new signing.
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