Daniel Levy, Chairman of Tottenham Hotspur, and Sadiq Khan, Mayor of London. (Photo by Harry Murphy/Getty Images)
Chelsea and Tottenham Hotspur are competing for the Nike Air Jordan deal.
according to Football TBRthe two London clubs are hoping to increase their revenue and the Air Jordan deal would be a major coup for them.
The deal would see them earn £18m per season and worth around £162m in total.
Tottenham are under contract with Nike until 2033 and it remains to be seen if they can get the agreement over the Air Jordan deal.
Both clubs must improve their income
Similarly, Chelsea are also looking to improve their income. With the PSR regulations in place, clubs will have to improve their income to get quality players. Whether Chelsea can win the sponsorship race remains to be seen.
Chelsea have spent a substantial amount of money on new signings since the change in ownership. They will have to balance the books so they don’t face any penalties for overspending. Improving their revenue should be one of their priorities right now, and the Nike deal would be a huge boost for them.
Tottenham chairman Daniel Levy has done well to improve the club commercially over the years and is a shrewd negotiator. Fans of the north London club will surely be hoping that Levy can get a deal over the line in the coming months.
Tottenham must improve their squad in the coming months if they are to challenge the Premier League’s elite. They will need to bring in quality players and therefore need to look to increase their income so they can afford top talent.
It will be interesting to see which of the two London clubs manage to get the deal done in the coming months.