Audio By Carbonatix
Telecom giants Scancom Limited (MTN) and the Ghana Football Association (GFA) have reached an agreement for the renewal of the prestigious MTN FA Cup competition.
Finder Sports can exclusively reveal that the new contract starts from the 2013/2014 season to the 2015/2016 season which is equal to (3) years subject to renewal.
The three year (3) sponsorship is worth over three million and three hundred thousand Ghana Cedis (GHc 3.300, 000) in direct cash and MTN Products to the GFA.
MTN on their own will also undertake several activations to exploit this unique product worth several thousands of Ghana Cedis.
This will include the sponsor providing MTN credits for the Most Valuable Player (MVP) for each match from the Round of 64 stage to the final match of the competition.
We can also reveal that MTN’s innovation of financially supporting clubs from the MTN FA Cup to compete in the CAF Confederations cup shall be continued.
Medeama Sporting Club , the reigning champions of the MTN FA Cup were the first to benefit from the innovation and have been handed a fifty thousand Ghana cedis (GHc 50,000) war chest for their Confederations cup campaign next later this year.
A key factor that has prompted the renewal of the sponsorship package include the hard work of the MTN FA Cup committee headed by Lepowura Alhaji MND Jawula, the strong relationship forged between the parties and above all the payment of the sponsorship package by MTN on or before the due dates.
Finder Sports investigations also reveals that the stakeholders favourite, the MTN FA Cup awards have been maintained. Thus during the duration of the new contract, the 4th, 5th and 6th MTN FA Cup awards night will be witnessed.
As with any good contract, there are obligations for each party with their attendant liabilities.
It is expected however that with the good working relationship build over the last three years, the liabilities will never see the light of day.
However, the GFA must ensure that the marketing and sales opportunities for the sponsors agreed to in the contract such as radio and television adverts, MTN logo on the jerseys and at the stadia are enhanced. More importantly the GFA must ensure that the tournament name is at all-time called the ‘MTN FA Cup’.
Another benefit that must be provided well by the GFA to MTN to ensure further renewals in future is the organization of the final match as a grand event year on year.
MTN came to the rescue of the FA cup three years ago at a time that the competition had been in abeyance for over a decade. Since MTN came on board, the competition has become a household name and very competitive with three different winners over the last three years; Nania in 2011, New Edubiase in 2012 and Medeama in 2013.
With the introduction of the financial support to the Confederations cup, the competition over the next three years is expected to be fiercer.
It is expected that GFA president, Kwesi Nyantakyi will append his signature to the document immediately he arrives from Cairo, Egypt this week.
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
-
Ebola outbreak poses massive challenges, warns nurse
2 hours -
Bolivian minister’s convoy ambushed while overseeing roadblock clearance
2 hours -
One killed and many feared trapped under collapsed building in Philippines
2 hours -
Trump tells US negotiators ‘not to rush’ into deal with Iran
3 hours -
Conte to leave Napoli a year after winning Serie A
3 hours -
Iraola signs off after writing new Bournemouth chapter
3 hours -
Fifi Folson marks 20 years on air with Thanksgiving Service, launches teen gospel initiative
3 hours -
The moment that broke Guardiola on day a decade of glory ended
3 hours -
Raducanu beaten in French Open first round
3 hours -
Sabalenka cuts media short as French Open players protest
3 hours -
Ghana’s Jada Yankey clocks new personal best at AP Race London International
4 hours -
GPL 2025/26: Berekum Chelsea end season on high with win over Bechem
4 hours -
Alleged shooting of chief’s brother by galamseyers triggers tension at Gwira Ampansie
4 hours -
Livestream: The Probe examines New Decentralisation Policy
5 hours -
Enterprise Insurance pays over GH¢280m in claims in 2025
5 hours