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GLICO make cash donation to Black Stars

Published on: 04 January 2013

By Ameenu Shardow

GLICO have promised to reward the Black Stars with Ghc 50,000 ($26, 198.77) if they win the 2013 Africa Cup of Nations.

The insurance firm have also provided a Ghc 50,000 insurance cover for the team and officials right through its preparations to the tournament proper in South Africa.

The donation complements government efforts to adequately fund the team for the tournament the Black Stars hope to win - the first in 31-years.

GLICO have also given the team Ghc 5,000 and have also provided some performance incentives by pledging Ghc 2,000 ($1047.95) for each goal scored in the quarter and semi finals respectively.

This figure will rise to Ghc 3,000 ($1571.93) for each goal scored in the grand finale - if they Black Stars make it that far.

Ghana FA boss Kwasi Nyantakyi in receiving the donation says it will give players the full confidence to all out during matches knowing their insurance is well catered for.

"I will like to thank GLICO for this huge donation," he said.

"The donation is in excess of Ghc 1m if the team wins the trophy and scores goals.

"This is a huge and gargantuan amount and it will serve as a huge motivation to the team to winning the trophy in South Africa.

"This will give the players assurance that even if you break your leg, it will be fixed immediately with GLICO taking the cost.

"The players will know not shy away from putting in tackles when necessary at the Nations Cup.

"The donation complements the efforts of government in supporting the team financially at the tournament and we are very much appreciative of GLICO's efforts."


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