Daniel Levy, Chairman of Tottenham Hotspur, and Sadiq Khan, Mayor of London. (Photo by Harry Murphy/Getty Images)
Chelsea and Tottenham Hotspur are reportedly vying for a Nike Air Jordan deal.
according to TBR FootballThe two London clubs are hoping to increase their revenues and the Air Jordan deal would be a major coup for them.
The deal will see them receive £18m per season and will be worth around £162m in total.
Tottenham have a contract with Nike until 2033 and it remains to be seen if they can secure agreement on the Air Jordan deal.
Both clubs need to improve their revenues
Likewise, Chelsea are looking to improve their revenue as well. With PSR regulations in place, clubs will need to improve their income in order to bring in quality players. It remains to be seen whether Chelsea will be able to win the sponsorship race.
Chelsea have spent a significant amount of money on new signings since the change of ownership. They will need to balance the books so that they do not face any penalties for overspending. Improving their revenue should be one of their priorities right now, and a Nike deal would be a big boost for them.
Tottenham chairman Daniel Levy has done a good job to improve the club commercially over the years and is a skilled negotiator. Fans of the north London club will certainly be hoping Levy can reach an agreement across the line in the coming months.
Tottenham need to improve their squad in the coming months if they are to challenge the Premier League's elite. They will have to bring in quality players and therefore must look to increase their revenues so they can afford top talent.
It will be interesting to see which of the two London clubs is able to secure the agreement in the coming months.
