The news broke earlier this week in a Daily Mail report but sources close to Stadium owners E20 Stadium LLP insist Indian company Mahindra remain firmly in pole position to sign the sponsorship deal and as yet Tesco have made no official approach or offer to sponsor the stadium.
West Ham became the butt of many jokes this week with some suggesting Tesco club cards could double as season ticket access cards and you would earn extra club points for each game attended or bonus points for goals scored.
Claret and Hugh understands that the naming rights deal could be worth up to £4m is cash from the Indian company plus a further £2m in technology contracts from Mahindra. That would mean West Ham would be shut out of sharing any naming rights revenue as their 50 per cent share starts after £4m per year. This would deny the Hammers a £1m per year share.
Depending on the final agreement of sponsorship the Stadium may retain it’s new London Stadium name but include the Mahindra branding. Suggestions have included The London Stadium powered by Mahindra but discussions are ongoing with regards to the final name and what the sponsors are prepared to pay for the rights.