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GFA pursues Globacom for $2.12 million GPL sponsorship debt

Fentuo Tahiru by Fentuo Tahiru
August 19, 2020
Reading Time: 1 min read

The GFA have resumed legal proceedings against Telecommunications giants, Globacom over a 2.12 million dollar debt owed the association.

The Nigeria-based company, with operations in Ghana, signed a 5 year deal as headline sponsor of the Ghana Premier League in 2009 but still owe the GFA sponsorship fees for that deal 11 years later.

The deal was worth 3 million dollars per season but Glo opted out of the deal in 2013, having only paid 1.9 million dollars.

In December last year, GLO paid another 1 million dollars but now the GFA wants the rest of their money.

The Daily Graphic reports that the FA had asked its lawyers to help them retrieve the money, plus interest, from Glo.

The GFA President Mr. Kurt  Edwin Simeon- Okraku has already stated that the clubs desperately needed the money from GLO to boost their finances  which has been hit hard by the suspension of competitions occasioned by the COVOD-19 pandemic.

 “Given the big impact of COVID, this is the time GLO should have shown concerns to support our football industry.” Mr. Okraku stressed

“This would have gone a long way to help the clubs.” He added.

The Ghana Premier League was suspended on March 15 in line with directive by President Nana Addo-Dankwa  Akufo-Addo to suspend social gatherings and sporting events to help prevent the entire spread of the virus.

The entire football season was subsequently cancelled by the FA which is currently putting on safety measures and protocols to ensure football returns in the safest environment possible when the suspension on contact sport is lifted by the government.

 

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