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Report: Tottenham chief Levy in talks over stadium naming rights

Tottenham chief Daniel Levy is in advanced talks over a naming rights deal for the club’s stadium, according to Daily Mail.

The move will be a huge boost for the Lilywhites, whose finances took a massive hit during the pandemic.

Spurs announced losses of £63.9million for the year ending June 30, 2020, thanks to closed stadia. The club were reportedly plunged into debts of £1.77bn pounds, mostly due to the building of their new stadium.

Naming rights for grounds is a rare occurrence in the Premier League. Only five of the 20 clubs have named sponsors, with the vast majority opting for the opposite.

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Tottenham will benefit from naming rights

The club will benefit from naming rights as Levy closes in on a deal for the Tottenham Hotspur Stadium.

As mentioned above, naming rights is a rare occurrence in the top flight. Manchester City, Brighton, Newcastle, Arsenal and Leicester City are the only top-flight clubs with sponsors for their grounds.

The Citizens earn the most of any club, a reported £15m per season.

While the money varies, all five clubs get a decent injection of cash from the move.

Tottenham’s deal with the NFL is likely to land them a good sum of money, due to their growing reputation in the States.

Naming rights is huge in the United States, with the LA Rams bringing in over £20m from Sofi.

Money is in short supply in north London. However, Levy is closing in on a fantastic deal for Tottenham.

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