By John Wenham

15th Oct, 2021 | 8:30pm

Insider issues Nike naming rights claim after 'signing' £30m-a-yr Tottenham deal in 2018

Tottenham may have negotiated themselves a bad deal when signing their most recent sponsorship with Nike.

That is according to Spurs insider John Wenham, who regularly breaks news about the club on his Lilywhite Rose social media channels.

Tottenham announced a 15-year partnership with Nike in 2018, which Wenham claims is worth £30million per year.

This is an extraordinarily long deal and goes far beyond the usual timeframe for kit manufacturers.

Wenham claims the length of the deal could hamper Tottenham going forward and expressed his hopes that an exit clause was written into the deal.

“Nike were mentioned as a potential stadium sponsor,” Wenham told Football Insider correspondent Ben Wild.

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“We have a deal with them that runs up until 2033, that’s the longest deal in their history.

“It’s a 15-year deal worth £30million per season. On the face of it, that looks like a good deal.

“But by even 2028 or 2029, that deal might be tiny compared to some of our big six rivals.

“I hope Tottenham have included exit clauses in that deal, or some way to renegotiate if the market changes.

“If not, then we could be left behind in a few years time because of signing that deal.

“We can’t afford to be missing out on deals like that when clubs like Arsenal and Chelsea might have agreed bigger deals in a few years time.”

Tottenham are yet to announce a deal over their stadium’s naming rights.

Wenham previously revealed to this site how a potential deal with HSBC fell through before the pandemic.

In other news, Tottenham fans have been questioned after ‘laughing’ at potential signing.