The Telegraph has disclosed that even though Sir Jim Ratcliffe might be close to purchasing a minority interest in Manchester United, Tottenham Hotspur and Ineos will continue their multi-year cooperation.
Ratcliffe’s company, Ineos, was first involved with Spurs through sponsorship three years ago when it was chosen to be the team’s official source of hand sanitizer during the epidemic.
Last year, the petrochemicals firm announced a multi-year partnership with the North London club, with the branding of the firm featuring prominently at the Tottenham Hotspur Stadium.
Ratcliffe could own Man United and sponsor Spurs
However, Ratcliffe is now said to be closing in on buying a 25 per cent stake in Man Utd from the Glazer family, with the part-ownership bid expected to be voted on on Thursday if a submission is finalised in time.
If it is successful, the British billionaire would assume full footballing control of the Red Devils.
However, The Telegraph assert that even if Ratcliffe reaches an agreement with the Glazers, there are no plans to tear up the agreement with Spurs.
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If this is indeed true, Ineos are perhaps convinced that there is no potential conflict of interest involved, with their agreement with Spurs being quite a minor deal in comparison to their proposed minority takeover of Man Utd.