Audio By Carbonatix
A legal adviser to Afrisat and Midsea Dr. Dominic Ayine has confirmed there was a deal between Afrisat/Midsea and the Ghana Football Association in the GLO sponsorship deal.
According to Dr. Ayine, Afrisat International which is a South African company involved in sports management, employed the services of Midsea to deal with the FA on a commission they both agreed on.
“Afrisat International had been responsible for all the ground work resulting in the Glo sponsorship deal.
"They had invested heavily in brokering the deal but were forced into using an agent because of its previous relationship with GBS which had gone bankrupt in the course of sponsoring the premier league,” Dr. Ayin stated.
Speaking on Asempa FM’s sports morning show on Wednesday, Dr. Ayine stated that Midsea which deals in real estate, import and export and manufacturing, was contacted by Afrisat International to deal with the FA because of their past experience.
“Midsea then saw this as a significant business opportunity in spite of its lack of experience in this field and took advantage of the deal to enhance its earnings and diversify its business in the face of a slump in the real estate market due to the global recession and got them involved,” he indicated.
In a related development, the director of Midsea Prof. Awurama Addy who is alleged to have stated that she had no idea of the transaction, has now come out to explain that she did not have the details of the transaction to be able to engage the media on the minute aspects of the transaction that became the subject of huge controversy.
In other words, she never denied an absolute lack of knowledge of the transaction.
Credit: Asempa Sports
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
-
Calls grow for NHIS to cover prescription glasses after over 500 miss free eye care in Bono Region
11 minutes -
Death toll from Nkwanta South Odomi attack rises to four as curfew takes effect
13 minutes -
Impakers Creative Hub earns Trade Minister’s praise at Ghana–Italy Circular Economy Dialogue
21 minutes -
Coderina EdTech donates STEM materials to support ICT, coding education in Ghana
25 minutes -
Iran recloses Strait of Hormuz, citing Israeli strikes on Lebanon
26 minutes -
Hackman Owusu-Agyeman backs St Augustine’s teachers’ housing project by APSU 2002 to mark 97th anniversry
42 minutes -
GIPC CEO courts Canadian investors in Toronto
47 minutes -
Harry and Meghan offered royal accommodation during UK visit
48 minutes -
Ntim Fordjour demands answers over Australia drug seizure linked to Ghana
50 minutes -
West Hills Mall to celebrate fatherhood with ‘Dad’s Day Out’ campaign
55 minutes -
FIFA Ranking: Black Stars move eight places up after World Cup win over PanamaÂ
57 minutes -
Google unveils biggest-ever Street View expansion in Ghana with sharper imagery and wider coverage
1 hour -
There is ‘zero chance’ Mahama will appoint a politically neutral EC deputy chairperson — Kofi Bentil
1 hour -
Sophia Akufo proved political appointees can remain impartial – Kofi Bentil
2 hours -
APSU 2002 launches GH¢5.4m teachers’ apartment project ahead of St Augustine’s 97th anniversary
2 hours