Speaking in a football.london Q&A, reliable correspondent Alasdair Gold has dropped a short and sweet update on the Tottenham Hotspur Stadium naming rights situation – with new chief financial officer Todd Kline believed to be ‘on the case‘.
Kline was appointed in February as chairman Daniel Levy aims to clinch a lucrative deal for Spurs’ brand new state of the art ground as soon as possible.
Gold drops enticing Tottenham stadium update
The former NFL executive has orchestrated multi-million pound deals of that nature in the United States and has played a major role in securing blockbuster stadium naming contracts.
One example of his financial work off the field is once securing an 18-year naming rights deal for the Miami Dolphins, worth a reported £180 million.
Gold, dropping an update as Spurs fans hope for a financial bolster amid the coronavirus pandemic, has insisted that Kline remains ‘on the case‘ and Tottenham’s need for a deal should hurry things along.
Transfer Tavern take
Even though there hasn’t been a major development as of yet, news of Kline’s work behind the scenes could come as an encouraging bit of information regarding the naming rights.
Amid the pandemic, the Lilywhites posted an ‘irrecoverable’ loss of around £63.9 million for the year ending June 30, 2020 (Evening Standard).
Supporters still aren’t fully allowed back in stadiums as the club continue to miss out on millions of pounds worth of matchday revenue.
Therefore, it is imperative that Tottenham manage to secure the best deal possible for their brand new stadium as Kline hustles to strike a potentially major financial boost.
In other news: Tottenham working to sign this colossus, find out more here.
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