OS set for naming rights deal
Filed: Tuesday, 4th April 2017
By: Staff Writer
Telecommunications giant Vodafone are close to agreeing naming right for the Olympic Stadium, according to reports.
Although a deal is yet to be concluded, KUMB understands that a six-year agreement worth in the region of £20million in expected to be agreed in time for the 2017/18 - West Ham's second in Stratford.
Revenue from naming rights is split 50/50 between West Ham United and the stadium's owners - bar the first £4million per annum. By contrast, Tottenham were recently linked with a £25million PER YEAR deal with Uber for their new stadium which opens next year.
Previously Indian manufacturers Mahindra had been close to agreeing a £6million-per-year naming rights deal, although that fell through at the beginning of the season.
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