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COVID-19: Hearts of Oak has lost new partners and sponsors- Frederick Moore

Published on: 21 May 2020
COVID-19: Hearts of Oak has lost new partners and sponsors- Frederick Moore
Frederick Moore

 

Managing Director for Hearts of Oak, Federick Moore, says the club has lost some sponsorship and partnership deals due to the coronavirus pandemic which has hit the football community.

Football activities have been suspended in the West African country since March this year as a result of the outbreak.

Ghana has so far recorded over 6000 cases of coronavirus and there is currently a ban on social gathering including sporting activities.

Frederick Moore in a virtual interview to discuss effects of the Covid-19 on Ghanaian football clubs revealed that his team is among clubs to have suffered greatly during these period.

“In terms of revenue, Hearts of Oka has lost about two-thirds of its revenue or more. We cannot quantify what we have lost during this period of Covid-19".

“We were supposed to sign partnerships and new sponsorships but they have all been suspended for now. I don’t think there is a club in Ghana that can survive mainly on sponsorship”,

He added that Ghanaian clubs will struggle during these period as most of these clubs generate alot of revenue from gate proceeds during matches days which aren't forthcoming due to the suspension.

Hearts of Oak Managing Director, Frederick Moore, has disclosed that no Ghanaian club can survive on gate proceeds for its administration.

“No football club can survive just with gate proceeds but also need support from government and corporate Ghana”.

The 2019/20 Ghana Premier League has been suspended due to the coronavirus outbreak which has rendered the clubs unable to generate revenues from games.

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