Audio By Carbonatix
The Ghana Football Association (GFA) has begun negotiations with the Premier League’s title sponsor, Glo, for a possible renewal of the sponsorship contract.
The five-year sponsorship deal with the mobile phone service provider ended with Asante Kotoko’s triumph on the last day of the 2012/13 season.
GFA president, Kwesi Nyantakyi, told Graphic Sports that his outfit was in negotiations with Glo for a new deal ahead of the start of the next league season on September 15.
“We are currently negotiating, but there is nothing concrete at the moment,” he said.
Just last week, reports suggested the end-of-season Glo League Awards for the 2012/13 season had been called off because of lack of funds to finance the programme.
Glo signed a five-year sponsorship package with the GFA in 2008, a deal worth $3 million per season. But the relationship was characterised by delays in releasing funds to honour the deal.
At the moment, Glo owes the league at least $2.1 million representing last season’s package less the 30 per cent discount granted to the company by the league.
Before the start of the last season, Glo released $7.9 million to the clubs within the span of a month to cover the company’s indebtedness to the league at the time.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Mali rally to claim draw against AFCON host Morocco
18 minutes -
Man City players ‘incredibly disciplined’ – Guardiola
29 minutes -
How to get rid of unwanted Christmas presents – without being found out
39 minutes -
Zelensky plans to meet Trump on Sunday for talks on ending Russian war
49 minutes -
Thousands of US flights disrupted as winter storm looms
1 hour -
US judge blocks detention of British social media campaigner
1 hour -
Gun Amnesty: Greater Accra leads in weapons surrendered
1 hour -
Dave Bishop outlines vision as he seeks Ghana Boxing Federation executive board position
1 hour -
Former Ivory Coast coach Gasset dies
3 hours -
An Open Letter to the Deputy Attorney General, Dr Justice Srem-Sai
3 hours -
Humour at its finest at Kumasi Comedy Show
3 hours -
Police Christmas special operation: 101 suspects arrested in Greater Accra
3 hours -
15 arrested after sporadic shooting at Ho central mosque
3 hours -
GES condemns alleged theft of food supplies at Awaso STEM SHS
4 hours -
DopeNation electrifies crowd at Joy FM’s Party in the Park
4 hours
