Broadcast company StarTimes Ghana is set to return as the official broadcast partner of the Ghana Premier League after holding advanced talks with the Ghana Football Association.
Since the expiration of the previous contract, the two entities - the GFA and StarTimes, have been locked in negotiations over a possible extension.
However, outstanding obligations to Premier League clubs from the previous contract threatened to throw a spanner in the works.
The main issue had to do with outstanding debts owed to the GFA, which, per JoySports checks, sums up to $950,000. Of that amount, up to $180,000 is owed to the clubs.
Per the contract, StarTimes was supposed to pay $30,000 to the clubs for each season. However, after paying the first two tranches, the Chinese-owned company could not fulfill its obligations to the club.
StarTimes proposed a revision of the contract terms and asked for the dollar rate to be changed with the outstanding debts to be calculated with a new, fixed rate.
This is because the original agreement did not include a fixed dollar rate, which meant that as Ghana's cedi depreciated against the United States dollar, StarTimes ended up paying more.
The situation was exacerbated by the fact that StarTimes decoders and subscriptions were sold in Ghana cedis and not dollar denominations.
However, sources have told JoySports that StarTimes will now clear the outstanding debt after the two parties agreed on a revised dollar rate for the outstanding debt.
Similarly, a new agreement has been reached for StarTimes to return as broadcast partners of the league.
The agreement, per JoySports checks, is set to begin when the second round of the ongoing season begins on January 24, 2025.
StarTimes began operations in 2016 before signing an agreement with the GFA in 2017 as the league's broadcast partner. They remained partners until the end of the 2023/24 season.
Currently, league matches are telecast on the free-to-air television channel AFA Sports and relayed on Metro TV, Globe TV, and Original TV. Clubs receive no money from Media 7 Group, operators of AFA Sports Television.
Latest Stories
-
Bank of Ghana expands gold reserves amid global economic volatility
7 minutes -
Sunda International donates to Eid Al-Adha 2025 celebrations
14 minutes -
KIVO donates to Eid Al-Adha 2025 celebrations
26 minutes -
Ken Ofori-Atta is not sick, he’s playing hide and seek with OSP- Tanko Computer
55 minutes -
“Aluta Continua”: Nurses’ strike persists as GRNMA awaits official injunction notice
58 minutes -
A New Dawn in New Juaben: Daasebre Kwaku Boateng III’s visionary leadership ushers in transformation and unity
1 hour -
Let There Be Levies: Parliament’s Lightbulb Moment at the Pump
2 hours -
Sky Train scandal: 3 former GIIF board members deny approving $2m deal
2 hours -
Pregnant and Dating: The New Season of Ghana’s Unscripted Soap Opera
2 hours -
FAWAG unfazed as government plans to ban wooden school furniture
3 hours -
‘Massive’ Russian strike days after air base attacks
3 hours -
Ofori-Atta’s Interpol Red Notice: Public listing could jeopardise strategic arrest – Amanda Clinton
3 hours -
Bridging the skills gap: Ghana’s imperative shift towards TVET to combat graduate unemployment
5 hours -
Chief Imam calls for an end to Gaza atrocities in Eid-Al-Adha message
7 hours -
High Court restrains GRNMA from continuing with strike for 10 days
8 hours