
Audio By Carbonatix
The Ghana Football Association has revealed that Ghana Premier League sponsor First Capital Plus Bank has suspended their contract to sponsor the league.
The bank became the headline sponsor of the league in 2014 after signing a five-year deal worth US$10 million.
But last month reports emerged that the management of First Capital Plus Bank were not happy with the FA mainly for the way the league is organized.
The reports continued to state that the bank, because of poor branding, constant change of match day dates, low attendance figures and generally low media hype decided to abrogate the contract.
In reaction, President Kwesi Nyantakyi has spoken.
According to him, the bank has suspended the contract but insists they are yet to meet them to discuss the way forward.
“There is a request for suspension, the word is 'suspension' because the bank is undergoing restructuring but we are yet to engage them on this request,” said Nyantakyi.
“The executive committee is yet to meet and discuss this subject and if there are legal issues flowing from that we will take it up.”
-
Follow Joy Sports on Twitter: @Joy997FM. Our hashtag is #JoySports
Latest Stories
-
Health Ministry warns nursing training college heads over admission quotas, timeline breaches
4 hours -
Laws won’t stop abuse if homes keep raising boys to dominate women — Zuwera Ibrahimah
4 hours -
Special police team to investigate killing of an anti-migrant leader in South Africa
4 hours -
New monkey species with orange lips found ‘hiding’ in DRC forest
4 hours -
One dead and three missing after boat sinks near Alcatraz
4 hours -
Trump sanctions on ICC violate free speech, says lawsuit
5 hours -
More people around the world now favour China over the US, Pew study suggests
5 hours -
US military to start testosterone testing, Hegseth says
5 hours -
Parliaments must prioritise gender-responsive budgets to fight violence against women and girls – Kenyan advocate
5 hours -
Don’t blame only EOCO officers; hold their political bosses accountable – Osae-Kwapong
5 hours -
Ghana must end the cycle where every high-profile investigation becomes political – CDD Fellow
5 hours -
Argentina face fine for Falklands banner in semi-final win
6 hours -
Ghana-Russia trade hits $800m as Moscow seeks deeper economic partnership
6 hours -
Man jailed for spending ex-girlfriend’s GH¢114,000 loan on betting
6 hours -
West African women parliamentarians push for stronger action against gender-based violence
6 hours